IAC (IAC) Expected to Announce Earnings on Monday

Key Points

• IAC is set to release its Q2 2025 quarterly earnings after market close on August 4th, with projected earnings of ($0.30) per share and revenue of $601.38 million.
• In its last earnings report on May 5th, IAC posted a loss of ($2.80) EPS, significantly better than the consensus estimate of ($3.94), but revenue fell short of expectations at $570.49 million.
• Analysts currently have a consensus rating of "Moderate Buy" for IAC stock, with price targets ranging from $45.00 to $54.08 based on recent reports.

IAC (NASDAQ:IAC - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect IAC to post earnings of ($0.30) per share and revenue of $601.38 million for the quarter.

IAC (NASDAQ:IAC - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported ($2.80) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($3.94) by $1.14. IAC had a negative return on equity of 11.11% and a negative net margin of 23.25%. The firm had revenue of $570.49 million for the quarter, compared to analysts' expectations of $809.18 million. During the same quarter last year, the business earned $0.51 earnings per share. The company's revenue was down 8.6% compared to the same quarter last year. On average, analysts expect IAC to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IAC Trading Up 0.1%

Shares of IAC traded up $0.03 during trading hours on Thursday, reaching $39.33. The stock had a trading volume of 554,761 shares, compared to its average volume of 1,025,656. IAC has a 52 week low of $32.04 and a 52 week high of $55.40. The firm has a 50-day moving average of $38.18 and a 200 day moving average of $39.99. The company has a market cap of $2.91 billion, a P/E ratio of -4.07 and a beta of 1.23. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.30.

Hedge Funds Weigh In On IAC

Hedge funds have recently bought and sold shares of the company. United Services Automobile Association bought a new stake in shares of IAC during the first quarter worth about $207,000. Focus Partners Wealth bought a new position in IAC during the first quarter valued at about $270,000. Empowered Funds LLC grew its position in IAC by 9.8% during the first quarter. Empowered Funds LLC now owns 8,037 shares of the company's stock valued at $369,000 after buying an additional 718 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of IAC by 38.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 415,484 shares of the company's stock valued at $19,087,000 after acquiring an additional 115,652 shares during the period. Institutional investors own 88.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on IAC. The Goldman Sachs Group lowered their target price on IAC from $60.00 to $46.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Cowen reaffirmed a "buy" rating on shares of IAC in a research report on Monday, May 5th. KeyCorp reduced their target price on shares of IAC from $64.00 to $49.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Citigroup cut their price target on IAC from $47.55 to $45.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Finally, JMP Securities cut their target price on IAC from $64.00 to $47.00 and set a "market outperform" rating for the company in a research note on Tuesday, June 10th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, IAC presently has a consensus rating of "Moderate Buy" and a consensus price target of $54.08.

About IAC

IAC Inc, together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle.