IAC Inc expected to post a loss of 28 cents a share - Earnings Preview

IAC

10/02/2023 22:25

* IAC Inc  IAC.OQ   IAC.O  is expected to show a rise in
quarterly
revenue when it reports  results on February 13 (estimated). 
    * The New York City-based  company is expected to report  a
8.4% increase in revenue to $1.257 billion from $1.16 billion a
year ago, according to the mean estimate from 14 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IAC Inc is for a
loss
of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for IAC Inc is
$70​,
above​ its last closing price of $52.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.58       -0.52      -0.74     Missed  -41
 Jun. 30 2022  -0.71       -0.68      -0.51     Beat    25.2
 Mar. 31 2022  -0.65       -0.75      -2.72     Missed  -262.3
                                                        ​
 Dec. 31 2021  -0.12       -0.15      0.20      Beat    233.3
 ​​Sep.        -0.45       -0.52      0.65      Beat    225.6
 30 2021                                                
 Jun. 30 2021  -0.49       -0.53      2.02      Beat    478.8​
 Mar. 31 2021  -0.64       -0.64      3.46      Beat    637
 Dec. 31 2020  -0.53       -0.67      5.59      Beat    930.7
 This summary was machine generated February 10 at 22:25 GMT. 
All figures in US dollars  unless otherwise stated