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On Wednesday, Nov. 7, IAC/InterActiveCorp - Common Stock (NASDAQ:IAC) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.
Earnings and Revenue
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Analysts covering IAC/InterActiveCorp modeled for quarterly EPS of 93 cents on revenue of $1.07 billion.
In the same quarter last year, IAC/InterActiveCorp reported EPS of 55 cents on revenue of $828.4 million. If the company were to match the current consensus estimate when it reports Wednesday, earnings would be up 69.09 percent. Revenue would be up 29.16 percent on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.82 | 0.8 | 0.92 | 0.84 |
| EPS Actual | 2.32 | 0.71 | 1.4 | 0.55 |
Stock Performance
Over the last 52-week period, shares are up 52.54 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on IAC/InterActiveCorp stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.