Angi Inc reports results for the quarter ended in June - Earnings Summary

Angi

10/08/2022 01:09

* Angi Inc  ANGI.OQ  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 6
cents per share.
    * Revenue rose 22.5% to $515.78 million from a year ago;
analysts
expected $496.51 million. 
    * Angi Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Angi Inc shares had risen by 33.6% this quarter and
lost 33.6%
so far this year.
    * The company reported a quarterly loss of $24.23 million.
    * Wall Street's median 12-month price target for Angi Inc is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 12:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          -0.05          Beat
 Mar. 31 2022      -0.06          -0.07          Missed
 Dec. 31 2021      -0.07          -0.05          Beat
 Sep. 30 2021      -0.07          -0.03          Beat