IAC/InterActiveCorp (Nasdaq: IACI ) is expected to report Q2 earnings on July 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict IAC/InterActiveCorp's revenues will grow 15.0% and EPS will grow 9.3%.
The average estimate for revenue is $782.4 million. On the bottom line, the average EPS estimate is $0.94.
Last quarter, IAC/InterActiveCorp booked revenue of $742.2 million. GAAP reported sales were 16% higher than the prior-year quarter's $640.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.83. GAAP EPS of $0.61 for Q1 were 61% higher than the prior-year quarter's $0.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 65.6%, 50 basis points better than the prior-year quarter. Operating margin was 11.6%, 180 basis points better than the prior-year quarter. Net margin was 7.2%, 180 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $3.21 billion. The average EPS estimate is $3.97.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 367 members out of 405 rating the stock outperform, and 38 members rating it underperform. Among 137 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give IAC/InterActiveCorp a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IAC/InterActiveCorp is outperform, with an average price target of $55.07.
Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is IAC/InterActiveCorp on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add IAC/InterActiveCorp to My Watchlist.