IAC (IAC) Reports Q3 Loss, Tops Revenue Estimates

IAC (IAC) came out with a quarterly loss of $2.93 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,365%. A quarter ago, it was expected that this Y would post a loss of $0.32 per share when it actually produced earnings of $0.01, delivering a surprise of 103.13%.Over the last four quarters, the company has surpassed consensus EPS ...