IAC/InterActiveCorp (IACI): Earnings Whisper

IAC/InterActiveCorp (IACI) is set to release its second-quarter 2015 results after the close of the trading session on Tuesday, July 28. Wall Street analysts are on average expecting IACI to post $777.05 million in sales during the quarter. This would show a 0.59% increase from the Q1/15 revenue of $772.5 million and an increase of 2.74% from the same period in Q1/14. EPS are expected to come in at $0.59, a decline rate of 25.32% from $0.79 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.62 per share.

As a quick reminder, IACI reported Q1/15 EPS of $0.43, $0.08 better than the Street’s consensus estimate. Revs increased 4.36% year-over-year to $772.5 million versus the $772.25 million consensus.

On valuation measures, IAC/InterActiveCorp. shares are priced at 17.91x this year’s forecasted earnings, compared to the industry’s 39.61x earnings multiple. The company’s current year and next year EPS growth estimates stand at 16.50% and 40.10% compared to the industry growth rates of 23.60% and 25.60%, respectively. IACI has a t-12 price-to-sales ratio of 2.13. EPS for the same period registers at $4.56.

IACI shares have declined 1.43% in the last 4 weeks while advancing 12.69% in the past three months. Over the past 5 trading sessions the stock has lost 4.83%. The New York-based media and Internet company, which is currently valued at $6.71 billion, has a median Wall Street price target of $83.50 with a high target of $96.00. IAC/InterActiveCorp. is up 22.88% year-over-year, compared with a 5.09% gain in the S&P 500.

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