IAC/InterActiveCorp. Third Quarter Earnings Sneak Peek

IAC/InterActiveCorp. (NASDAQ:IACI) will unveil its latest earnings on Thursday, November 3, 2011. IAC operates internet businesses in the United States and a number of jurisdictions abroad.

IAC/InterActiveCorp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 36 cents per share, a rise of more than twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 33 cents. Between one and three months ago, the average estimate moved up. It has risen from 34 cents during the last month. For the year, analysts are projecting net income of $1.40 per share, a rise of 976.9% from last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 47 cents per share against a mean estimate of net income of 26 cents, and the quarter before, the company exceeded forecasts by 8 cents with profit of 22 cents versus a mean estimate of net income of 14 cents.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a rise of 17.1% in revenue from the year-earlier quarter to $493.6 million.

Analyst Ratings: seven out of 13 analysts surveyed (53.8%) have a buy rating on IAC/InterActiveCorp.. This is below the mean analyst rating of 10 competitors, which average 69.9% buy ratings.

A Look Back: In the second quarter, profit rose more than threefold to $42.4 million (44 cents a share) from $13.6 million (12 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 20.5% to $485.4 million from $402.9 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 20.3%, with the biggest boost coming in the third quarter of the last fiscal year when revenue rose 25.3% from the year earlier quarter.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Yahoo! Inc. (NASDAQ:YHOO), AOL, Inc. (NYSE:AOL), Answers Corporation (NASDAQ:ANSW), Microsoft Corporation (NASDAQ:MSFT), Demand Media Inc (NYSE:DMD), Baidu.com, Inc. (NASDAQ:BIDU), InfoSpace, Inc. (NASDAQ:INSP), The Knot, Inc. (NASDAQ:KNOT), and Sohu.com Inc. (NASDAQ:SOHU).

Stock Price Performance: During August 4, 2011 to October 28, 2011, the stock price had risen $2.56 (6.7%) from $38.48 to $41.04. The stock price saw one of its best stretches over the last year between October 4, 2011 and October 14, 2011 when shares rose for nine-straight days, rising 12.9% (+$4.78) over that span. It saw one of its worst periods between July 5, 2011 and July 12, 2011 when shares fell for six-straight days, falling 3.6% (-$1.40) over that span. Shares are up $12.34 (+43%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.