IAC Inc reports results for the quarter ended June 30 - Earnings Summary
05/08/2025 16:59
IAC Inc IAC.OQ reported quarterly adjusted earnings of $2.57 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.71. The mean expectation of thirteen analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -50 cents to 13 cents per share. Revenue fell 38.2% to $586.93 million from a year ago; analysts expected $601.29 million. IAC Inc's reported EPS for the quarter was $2.57. The company reported quarterly net income of $211.45 million. IAC Inc shares had risen by 5.8% this quarter and gained 11.7% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 33.9% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" Wall Street's median 12-month price target for IAC Inc is $50.00, about 21% above its last closing price of $39.52 This summary was machine generated from LSEG data August 5 at 03:59 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.28 | 2.57 | Beat |
| Mar. 31 2025 | -0.89 | -2.64 | Missed |
| Dec. 31 2024 | 0.24 | -2.39 | Missed |
| Sep. 30 2024 | -0.22 | -2.93 | Missed |