• 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

    How Effective Is Virtual Training?

  • Finance

    Building Better Business Relationships: Your 3 Essential Mindsets

  • Finance

    Artificial Intelligence vs. Genuine Creativity

No Comments

Leave a reply Cancel reply

Top Finance

  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce
  • Shark Tank Recap: Shed Defender, Tata Towels and Sanaia Applesauce Secure Deals Shark Tank Recap: Shed Defender, Tata Towels and Sanaia Applesauce Secure Deals
  • Hedge Funds In The US Hedge Funds In The US
  • One Ring To Rule Them All One Ring To Rule Them All
  • Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates

New Posts

  • How Effective Is Virtual Training?

    How Effective Is Virtual Training?

    January 21, 2021
  • Building Better Business Relationships: Your 3 Essential Mindsets

    Building Better Business Relationships: Your 3 Essential Mindsets

    January 21, 2021
  • Artificial Intelligence vs. Genuine Creativity

    Artificial Intelligence vs. Genuine Creativity

    January 21, 2021
  • 3 Ways to Make 2021 a Great Year For Your Business

    3 Ways to Make 2021 a Great Year For Your Business

    January 21, 2021
  • 4 Automated Systems to Scale Your Business

    4 Automated Systems to Scale Your Business

    January 21, 2021
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018 NJCEE. All Rights Reserved.