IAC Inc reports results for the quarter ended March 31 - Earnings Summary
06/05/2025 24:22
IAC Inc IAC.OQ reported a quarterly adjusted loss of $2.64 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 89 cents per share. Wall Street expected results to range from $-3.94 to -8 cents per share. Revenue fell 12.2% to $816.40 million from a year ago; analysts expected $768.63 million. IAC Inc's reported EPS for the quarter was a loss of $2.64. The company reported a quarterly loss of $216.81 million. IAC Inc shares had fallen by 6.3% this quarter and lost 0.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 70% 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 $60.50 This summary was machine generated from LSEG data May 5 at 11:22 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 |
| Mar. 31 2025 | -0.89 | -2.64 | Missed |
| Dec. 31 2024 | 0.24 | -2.39 | Missed |
| Sep. 30 2024 | -0.22 | -2.93 | Missed |
| Jun. 30 2024 | -0.47 | -1.71 | Missed |