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

Angi

03/08/2024 02:41

* Angi Inc  ANGI.OQ   ANGI.O  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
18.9% decrease in revenue to $304.112 million from $375.07
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on May 8
2024, for the period ended June 30, was for revenue between
$315.06 million and $322.56 million.
    * ​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," 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
$3.25​, above​ its last closing price of $2.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.01       -0.01                        100
 Dec. 31 2024  -0.02       -0.02                        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.        -0.06       -0.04      -0.03     Beat    49.3
 1 0001                                                 
 Jan. 1 0001   -0.04       -0.04      -0.06     Missed  -54.2​
 Sep. 30 2022              -0.03      -0.03     Met     12.9
 Jan. 1 0001               -0.06      -0.05     Beat    14.6
 This summary was machine generated August 3 at 01:40 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)