IAC Inc. Common Stock
IACIAC Inc. is a media and internet company that operates a diverse portfolio of online brands across various sectors, including digital entertainment, online dating, and media services. Founded in 1995, the company has evolved through a series of acquisitions and spin-offs, focusing on building and managing internet-based businesses with scalable online platforms. IAC is known for its innovative approach to digital media, combining technology with consumer services to create new opportunities and markets.
Company News
While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
IAC (IAC) delivered earnings and revenue surprises of 18.42% and 0.85%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
IAC's first-quarter 2024 results are expected to bear the brunt of the planned reduction in the circulation of certain publications within the print business.
Beyond analysts' top -and-bottom-line estimates for IAC (IAC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
In the latest quarter, 6 analysts provided ratings for IAC (NASDAQ:IAC), showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Beari...
