Here's What Key Metrics Tell Us About IAC (IAC) Q2 Earnings
IACIAC(IAC) ZACKS·2024-08-07 09:05

IAC (IAC) reported 949.53millioninrevenueforthequarterendedJune2024,representingayear−over−yeardeclineof14.6949.53 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 14.6%. EPS of 0.01 for the same period compares to -0.76ayearago.Thereportedrevenuerepresentsasurpriseof+1.170.76 a year ago.The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of 938.59 million. With the consensus EPS estimate being -$0.32, the EPS surprise was +103.13%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...