Angi Inc expected to post a loss of 6 cents a share - Earnings Preview

Angi

06/05/2023 03:05

* Angi Inc  ANGI.OQ   ANGI.O  is expected to show a fall in
quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
11.8% decrease in revenue to $384.539 million from $436.16
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. The company's guidance on
February 14 2023, for the period ended March 31, was for revenue
between $370.00 million and $400.00 million.
    * ​Refinitiv's mean analyst estimate for Angi Inc is for a
loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Angi Inc is
$4​,
above​ its last closing price of $2.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.04       -0.04      -0.06     Missed  -54.2
 Sep. 30 2022  -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
 ​​Dec.        -0.06       -0.07      -0.05     Beat    25.7
 31 2021                                                
 Sep. 30 2021  -0.07       -0.07      -0.03     Beat    57.8​
 Jun. 30 2021  -0.04       -0.04      -0.04     Met     4.4
 Mar. 31 2021  -0.04       -0.04      0.00      Beat    100
 This summary was machine generated May 6 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated