Needham & Company Cuts Price Target on IAC/InterActiveCorp (IAC) Following 4Q

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Less Love for Match Drives IAC (IAC) PT Reduction at Susquehana

February 4, 2016 7:11 AM EST

Susquehana analyst, Shyam Patil, thinks IAC/InterActiveCorp (NASDAQ: IAC) pullback is so severe that negative value is being ascribed to Homeadvisor and Vimeo offering a compelling risk/reward. Cutting PT to $67 from $75 due to the reduced value of Match shares.

IAC began reporting its new segments with its 4Q results. The new segments are Match Group, Video (which includes Vimeo), HomeAdvisor, Publishing, Applications, and Other; the previous segments were Search & Application, The Match Group, Media, and eCommerce.

Revenue of $848.7 million missed consensus by 2%, though lower COGS helped drive EBITDA of $160.8m (18.9% margins)... More

Pre-Open Stock Movers 02/03: (BOOT) (CNAT) (OCLR) Higher; (NMM) (NOV) (CMG) Lower (more...)

February 3, 2016 9:26 AM EST

Navios Maritime Partners (NYSE: NMM) 37.8% LOWER; reported Q4 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $53.3 million versus the consensus estimate of $59.63 million. Suspends Distrubutions

Boot Barn Holdings (NYSE: BOOT) 20.4% HIGHER; reported Q3 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $194 million versus the consensus estimate of $192.13 million. Consolidated same store sales (which include e-commerce and... More

IAC (IAC) Preparing a New Takeover Bid for Angie's List (ANGI) - Report

February 3, 2016 8:41 AM EST

Angie's List (NASDAQ: ANGI) is modestly higher in pre-open trading Wednesday following reports from the New York Post that Barry Dillar's IAC (NYSE: IAC) is prepared to make another bid for the company.

In November,... More

IAC/InterActive (IAC) Misses Q4 EPS by 18c

February 2, 2016 4:37 PM EST

IAC/InterActive (NASDAQ: IAC) reported Q4 EPS of $0.75, $0.18 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $848.7 million versus the consensus estimate of $865.49 million.

For earnings history and earnings-related data on IAC/InterActive (IAC) click here.

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