IAC (IAC) Q2 Earnings and Revenues Surpass Estimates

IAC (IAC) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of$ 0.32 per share. This compares to loss of $0.76 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 103.13%. A quarter ago, it was expected that this Y would post a loss of$ 1.14 per share when it actually produced a loss of $0.93, delivering a surprise of 18.42%. Over the last four quarters, the company has surpassed c ...