Bankrate Posts Q3 Loss - Quick Facts

(RTTNews) - Bankrate Inc. (RATE) reported a third-quarter net loss of $7.8 million or approximately $0.08 per share, compared to net income of $2.6 million, or $0.03 per share, last year. Adjusted earnings per share was $0.13 for the third quarter of 2013.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.15 for the quarter. Analysts' estimates typically exclude special items.

Total revenue was $121.2 million compared to $116.8 million, last year. Analysts expected revenue of $119.58 million for the quarter.

For the fourth quarter of 2013, Bankrate expects to show an overall revenue increase in the mid to upper 20% range.