IAC (IAC) Misses Q2 EPS by 8c

Go back to IAC (IAC) Misses Q2 EPS by 8c

BMO Capital Reiterates Outperform on IAC (IAC) Following Mixed 2Q

July 29, 2016 9:35 AM EDT

BMO Capital reiterated an Outperform rating and $75.00 price target on IAC/InterActiveCorp (NASDAQ: IAC) following the company's 2Q earnings report. IAC reported revenue of $130.2mm, above the Street's $125.3mm. Non-GAAP EPS of $0.42 was below the Street's $0.49.

Analyst Dan Salmon commented, "2Q16 HomeAdvisor... More