Angi Inc expected to post a loss of 1 cent a share - Earnings Preview

Angi

04/05/2024 03:06

* Angi Inc  ANGI.OQ   ANGI.O  is expected to show a fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
24.2% decrease in revenue to $297.551 million from $392.41
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Angi Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Angi Inc is
$4.00​, above​ its last closing price of $2.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.02       -0.02      -0.01     Beat    52.9
 Sep. 30 2023  -0.03       -0.03      -0.01     Beat    68
 Jun. 30 2023  -0.02       -0.02      -0.03     Missed  -33.3​
 Jan. 1 0001   -0.06       -0.06      -0.03     Beat    49.3
 ​​Dec.        -0.04       -0.04      -0.06     Missed  -54.2
 31 2022                                                
 Jan. 1 0001   -0.03       -0.03      -0.03     Met     12.9​
 Jun. 30 2022  -0.06       -0.06      -0.05     Beat    14.6
 Mar. 31 2022  -0.07       -0.06      -0.07     Missed  -13.2
 This summary was machine generated May 4 at 02:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)