For the quarter ended September 2024, IAC (IAC) reported income of $938.72 million, down 15.5% over the identical interval final 12 months. EPS got here in at -$2.93, in comparison with -$0.30 within the year-ago quarter.
The reported income represents a shock of +1.64% over the Zacks Consensus Estimate of $923.6 million. With the consensus EPS estimate being -$0.20, the EPS shock was -1365.00%.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s value efficiency.
Right here is how IAC carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Income- Angi Inc: $296.70 million versus $291.73 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -20.2% change.
- Income- Dotdash Meredith- Print Income: $198.50 million versus $195.15 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.1% change.
- Income- Dotdash Meredith- Digital Income: $246.40 million versus the three-analyst common estimate of $244.05 million.
- Income- Rising & Different: $114.30 million versus the three-analyst common estimate of $112.51 million. The reported quantity represents a year-over-year change of -27.8%.
- Income- Dotdash Meredith: $439.50 million versus the three-analyst common estimate of $436 million. The reported quantity represents a year-over-year change of +5.3%.
- Income- Search: $88.30 million versus $81.43 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -46.8% change.
- Income- Intersegment eliminations: -$0.10 million in comparison with the -$0.09 million common estimate based mostly on two analysts. The reported quantity represents a change of -95.8% 12 months over 12 months.
- Adjusted EBITDA- Angi Inc: $35.40 million versus the three-analyst common estimate of $32.03 million.
- Adjusted EBITDA- Dotdash Meredith: $68.60 million versus $68.29 million estimated by three analysts on common.
- Adjusted EBITDA- Company: -$16 million versus -$23.77 million estimated by three analysts on common.
- Adjusted EBITDA- Rising & Different: $16 million in comparison with the $6.88 million common estimate based mostly on three analysts.
- Adjusted EBITDA- Search: $2.50 million versus the three-analyst common estimate of $2.18 million.
View all Key Company Metrics for IAC here>>>
Shares of IAC have returned +1.2% over the previous month versus the Zacks S&P 500 composite’s +4.4% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.
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