IAC Inc expected to post a loss of 17 cents a share - Earnings Preview
09/02/2024 22:57
* IAC Inc IAC.OQ IAC.O is expected to show a fall in
quarterly
revenue when it reports results on February 13 for the period
ending December 31 2023
* The New York City-based company is expected to report a
14.8% decrease in revenue to $1.063 billion from $1.25 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data. (SAL majority is based on Total Revenue/Net
Revenue)
* LSEG's mean analyst estimate for IAC Inc is for a loss
of 17
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "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
$66.50, above its last closing price of $52.60.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 -0.65 -0.67 -4.72 Missed -606
Jun. 30 2023 -0.83 -0.82 -1.07 Missed -30.3
Mar. 31 2023 -1.05 -0.82 4.57 Beat 654.9
Dec. 31 2022 -0.34 -0.35 -0.05 Beat 85.6
Sep. -0.58 -0.52 -0.74 Missed -41
30 2022
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
This summary was machine generated February 9 at 22:56 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)