Angi Inc expected to post a loss of 2 cents a share - Earnings Preview

Angi

09/02/2024 21:36

* Angi Inc  ANGI.OQ   ANGI.O  is expected to show a fall in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
29.8% decrease in revenue to $310.014 million from $441.55
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (SAL is based on Total Revenue)
    * ​LSEG's mean analyst estimate for Angi Inc is for a loss
of 2
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"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
$3.55​, above​ its last closing price of $2.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.03       -0.03      -0.01     Beat    68
 Jun. 30 2023  -0.02       -0.02      -0.03     Missed  -33.3
 Mar. 31 2023  -0.06       -0.06      -0.03     Beat    49.3​
 Dec. 31 2022  -0.04       -0.04      -0.06     Missed  -54.2
 ​​Sep.        -0.03       -0.03      -0.03     Met     12.9
 30 2022                                                
 Jun. 30 2022  -0.06       -0.06      -0.05     Beat    14.6​
 Mar. 31 2022  -0.07       -0.06      -0.07     Missed  -13.2
 Dec. 31 2021  -0.06       -0.07      -0.05     Beat    25.7
 This summary was machine generated February 9 at 21:36 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)