• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance 0

Bull Of The Day: IAC/Interactive Corp. (IAC)

By Kurt Osterberg · On April 12, 2018

IAC/Interactive (IAC – Free Report) is a media and internet conglomerate organized into four distinct groups: The Match Group, which consists of dating, education and fitness business brands such as Match.com, OkCupid, Tinder, The Princeton Review, and DailyBurn; Search & Applications, which includes brands like About.com, Ask.com, Dictionary.com, and Investopedia; Media, which comprises Vimeo, Electus, The Daily Beast, and CollegeHumor; and eCommerce, which includes HomeAdvisor and ShoeBuy. 

This is just the tip of the iceberg of the products IAC has in its portfolio (over 150 in total), and the company boasts more than 125 million mobile apps downloaded.

Strong Q4 Results

The Zacks #1 (Strong Buy) stock reported impressive fourth quarter fiscal 2017 back in February.

Earnings of $1.40 surged past the Zacks Consensus of $1.13 per share, and adjusted net income grew 6% year-over-year.

Revenues also beat our consensus estimate and saw double-digit growth from the prior year period.

Highlights of the quarter include ANGI Homeservices revenue increasing 80% to $223.2 million and Match Group revenue growth accelerating 28% thanks to 24% growth in average subscribers; total subscribers hit over 7 million. Vimeo subscribers also saw an increase, up 14% year-over-year.

Publishing revenues jumped 44% driven in part by Premium Brands revenue growth increasing to 29%.

Earnings Outlook

For IAC, its bottom line is trending upward for the foreseeable future.

Earnings are expected to grow well over 200% for the current quarter, though one analyst has cut their outlook in this time period.

Fiscal 2018 figures are looking pretty great, with three estimates moving higher in the past two months. The Zacks consensus estimate trend has jumped from $5.78 per share to $6.00 per share.

Earnings estimates for fiscal 2019 are on the rise as well, jumping from $8.18 per share to $8.28 per share in the last 60 days.

Can Shares Push Higher?

Print Friendly, PDF & Email

Share Tweet

Kurt Osterberg

You Might Also Like

  • Finance

    STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

  • Finance

    NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

  • Finance

    5 NFTs Trending on Twitter Going Cheap to Invest in Now

No Comments

Leave a reply Cancel reply

Top Finance

  • 3 Best Large-Cap Blend Mutual Funds For Enticing Returns 3 Best Large-Cap Blend Mutual Funds For Enticing Returns
  • What is Value Chain Analysis? How to Deliver Value & Gain a Competitive Advantage What is Value Chain Analysis? How to Deliver Value & Gain a Competitive Advantage
  • Hedge Funds In The US Hedge Funds In The US
  • 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement
  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce

New Posts

  • STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

    STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

    June 20, 2022
  • NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

    NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

    June 20, 2022
  • 5 NFTs Trending on Twitter Going Cheap to Invest in Now

    5 NFTs Trending on Twitter Going Cheap to Invest in Now

    June 20, 2022
  • Bill Gates – ‘NFTs & Crypto Based on Greater Fool Theory’

    Bill Gates – ‘NFTs & Crypto Based on Greater Fool Theory’

    June 20, 2022
  • Actor Seth Green Pays $300,000 to Recover his Stolen BAYC NFT

    Actor Seth Green Pays $300,000 to Recover his Stolen BAYC NFT

    June 20, 2022
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018-2021 NJCEE. All Rights Reserved.