IAC Stock Recent News

Recently, Zacks.com users have been paying close attention to IAC (IAC). This makes it worthwhile to examine what the stock has in store.

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In the latest trading session, IAC (IAC) closed at $51.48, marking a -1.23% move from the previous day.

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While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

IAC (IAC) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.05 per share a year ago.

Looking for some tech stocks to sell? 2023 was a banner year for tech stocks, with the NASDAQ 100 reaching a new all-time high (and the S&P 500 reached its all-time high on January 3, 2024).

While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

For the third quarter, the company posted revenue of $1.11 billion, about in line with Wall Street consensus.

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