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IAC (IAC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
IACIAC(IAC) Zacks Investment Research·2024-05-08 00:01

IAC (IAC) reported 929.68millioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof14.3929.68 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 14.3%. EPS of -0.93 for the same period compares to -2.06ayearago.Thereportedrevenuerepresentsasurpriseof0.852.06 a year ago.The reported revenue represents a surprise of -0.85% over the Zacks Consensus Estimate of 937.68 million. With the consensus EPS estimate being -$1.14, the EPS surprise was +18.42%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...