IAC Inc expected to post a loss of 47 cents a share - Earnings Preview
03/08/2024 03:06
* IAC Inc IAC.OQ IAC.O is expected to show a fall in
quarterly
revenue when it reports results on August 6 for the period
ending June 30 2024
* The New York City-based company is expected to report a
15.2% decrease in revenue to $943.052 million from $1.11 billion
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for IAC Inc is for a loss
of 47
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
$73.00, above its last closing price of $46.98.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -1.23 -1.19 0.51 Beat 142.7
Dec. 31 2024 -0.18 -0.19 3.61 Beat 1,951.
3
Jan. 1 0001 -0.65 -0.67 -4.72 Missed -606
Jun. 30 2023 -0.83 -0.82 -1.07 Missed -30.3
Mar. -1.05 4.57 654.9
31 2023
Dec. 31 2022 -0.34 -0.35 -0.05 Beat 85.6
Sep. 30 2022 -0.58 -0.52 -0.74 Missed -41
Jan. 1 0001 -0.71 -0.68 -0.51 Beat 25.2
This summary was machine generated August 3 at 02:04 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)