IAC Earnings Preview
Portfolio Pulse from Benzinga Insights
IAC (NASDAQ:IAC) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $-0.13. The focus for investors will be on whether IAC beats this estimate and provides positive guidance for the next quarter. Historical data shows mixed results in past earnings performance, with the stock price reacting variably. Currently, IAC shares are trading at $52.94, having decreased by 1.64% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 12, 2024 | 2:02 pm
News sentiment analysis
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NEUTRAL IMPACT
IAC is anticipated to report a quarterly EPS of $-0.13 on February 13, 2024. Investors are keen on earnings performance and future guidance, with the stock currently at $52.94, reflecting a 1.64% annual decline.
The short-term impact on IAC's stock price will likely hinge on whether it meets or exceeds the EPS estimate and provides positive guidance. Historical performance shows that earnings outcomes and forward-looking statements significantly influence stock price movements. However, given the mixed past performance and current bearish sentiment, the immediate impact is uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100