IAC Inc. (NASDAQ:IAC) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO and Director, Angi Inc. Conference Call Participants Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Daniel Kurnos - The Benchmark Company Tom Champion - Piper Sandler Youssef Squali - Truist Yugal Arouninan - Citigroup Nick Jones - Citizens JMP Op ...

Table of Contents As filed with the Securities and Exchange Commission on November 12, 2024 | --- | |---------------------------------------------------------------------------------| | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | | FORM 10-Q | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

Page 1 of 18 https://files.report IAC REPORTS Q3 2024 IAC considering a spin-of of Angi Dotdash Meredith Digital revenue growth of 16% Total IAC Q3 operating income improves $49 million to $16 million Total IAC Q3 Adjusted EBITDA improves 7% to $107 million NEW YORK— November 11, 2024—IAC (NASDAQ: IAC) released its third quarter results today and separately posted a letter to shareholders from Joey Levin, the Chief Executive Officer of IAC, on the Investor Relations section of its website at ir.iac.com. | - ...

IAC IAC announced in its third-quarter earnings report that it is considering a strategic move to spin off its ownership stake in Angi Inc. ANGI.This news comes as Angi shares traded lower after-hours, following the company's third-quarter financial results. IAC's potential spin-off would make Angi a stand-alone entity, allowing it to operate independently from IAC, which has nurtured and managed the brand as part of its portfolio of digital and media businesses.According to Benzinga Pro, Angi reported quar ...

For the quarter ended September 2024, IAC (IAC) reported revenue of $938.72 million, down 15.5% over the same period last year. EPS came in at -$2.93, compared to -$0.30 in the year-ago quarter.The reported revenue represents a surprise of +1.64% over the Zacks Consensus Estimate of $923.6 million. With the consensus EPS estimate being -$0.20, the EPS surprise was -1365.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

关于IAC公司 - 本季度每股亏损2.93美元而Zacks共识预期每股亏损0.20美元 调整非经常性项目后 本季度财报的收益意外为 - 1365% 上季度预期每股亏损0.32美元实际每股收益0.01美元 意外为103.13% [1] - 过去四个季度 公司有两次超过共识每股收益预期 2024年9月结束的季度营收9.3872亿美元 超过Zacks共识预期1.64% 过去四个季度有两次超过共识营收预期 [2] - 股票即时价格走势的可持续性取决于管理层在财报电话会议上的评论 自年初以来IAC股价上涨约2.1% 而标准普尔500指数上涨25.7% [3] - 虽然IAC今年迄今表现逊于大盘 但投资者关心其股票下一步走势 可靠的衡量标准是公司的盈利前景 包括当前对下一季度的共识盈利预期以及预期的变化 [4] - 近期股票走势与盈利预期修正趋势之间有很强的相关性 投资者可自行跟踪或依靠Zacks Rank等评级工具 在此次财报发布之前 IAC的预期修正趋势为混合 目前Zacks Rank为3 (持有) 预计近期股票表现将与市场一致 [5][6] - 未来几个季度和本财年的预期变化值得关注 下一季度当前共识每股收益预期为0.30美元 营收9.512亿美元 本财年每股收益预期为 - 0.79美元 营收37.5亿美元 [7] 关于行业 - 多元化运营行业目前在250多个Zacks行业中排名前36% 研究表明排名前50%的行业表现优于排名后50%的行业 比例超过2比1 [8] 关于Griffon公司 - 预计在11月13日发布2024年9月结束季度的财报 预计季度每股收益为1.21美元 较上年同期增长1.7% 过去30天季度每股收益共识预期保持不变 [9] - 预计营收为6.42亿美元 较上年同期增长0.1% [10]

NEW YORK, Nov. 11, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results.  As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective third quarter results and to answer questions. The call will be held on Tuesday, November 12, 2024, at 8:30 a.m. ET. Joey Levin, CEO of IAC and Chairman of Angi Inc., Jeffrey Kip, CE ...

IAC said Monday it's exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers in their area, like electricians and landscapers.Angi stock price was up as much as 10% in after-hours trading on Monday.The company is considering a spinoff of Angi that would result in its stake being distributed to shareholders, IAC CEO Joey Levin wrote in a letter to shareholders that coincided with the company's third-quarter earnings release. IAC owns 85 ...

NEW YORK, Nov. 6, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Truist Securities Internet Growth Summit on Thursday, November 14, 2024. Chris Halpin, Executive Vice President, CFO and COO of IAC, will participate in a fireside chat at 9:00 a.m. ET. Both a live webcast and replay of the fireside chat will be available to the public in the IR section of IAC's website at https://ir.iac.com/events-and-presentations.About IACIAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a question ...

Wall Street analysts expect IAC (IAC) to post quarterly loss of $0.20 per share in its upcoming report, which indicates a year-over-year increase of 33.3%. Revenues are expected to be $923.6 million, down 16.9% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, it is cr ...