IAC (IAC) Reports Q4 Loss, Lags Revenue Estimates

IAC (IAC) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of$ 0.20. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -265%. A quarter ago, it was expected that this Y would post a loss of$ 0.51 per share when it actually produced a loss of $0.30, delivering a surprise of 41.18%.Over the last four quarters, the company has surpassed consensus EPS esti ...