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Stock impact report

IAC Gears Up to Report Q1 Earnings: Here's What to Expect [Yahoo! Finance]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: Yahoo! Finance
The company has a lackluster earnings surprise history, having outperformed the Zacks Consensus Estimate in one of the preceding four quarters while matching in one and missing in the other two, the average beat being negative 77.8%. In the last reported quarter, it reported a loss of 73 cents per share, which missed the Zacks Consensus Estimate of a loss of 20 cents per share by 265%. Let's see how things have shaped up for IAC this earnings season. Key Factors to Note The planned reduction in the circulation of certain publications within the print business and weakness in advertising, and licensing & other end markets within the digital business are expected to have hurt IAC's Dotdash Meredith segment in the first quarter of 2024. The Zacks Consensus Estimate for the segment's revenues is pegged at $382 million, implying a 1.6% decline from the year-ago reported number. Reduced service requests in the service business and decreasing membership subscription revenues in the Show less Read more
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