IAC unlikely to announce Match spin-off tomorrow, says Benchmark Co. Benchmark Co. does not expect IAC to announce a spin-off of Match.com tomorrow when reporting earnings before the market opens. No announcement could drive shares lower, Benchmark Co. believes, but it raised its price target for the stock to $80 and keeps a Buy rating on the name.
News For IACI From The Last 14 Days
Check below for free stories on IACI the last two weeks.
IAC reports Q2 adjusted EPS 4c, consensus 81c Reports Q2 revenue $756.3M, consensus $796.63M. Adjusted EPS reflects a negative impact of 75c from the $66.6M after-tax effect of the write-downs of certain investments.