Published on 9 Aug 2022 on Zacks via Yahoo Finance
IAC/InterActiveCorp (IAC) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -402.94%. A quarter ago, it was expected that this Y would post a loss of $0.57 per share when it actually produced a loss of $0.56, delivering a surprise of 1.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.