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

Angi

09/08/2023 06:50

* Angi Inc  ANGI.OQ  reported a quarterly adjusted loss of 3
cents​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue fell 27.3% to $375.07 million from a year ago;
analysts
expected $403.17 million. 
    * Angi Inc's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 22.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Angi Inc shares had risen by 17.3% this quarter and
gained 64.7%
so far this year.
    * The company reported a quarterly loss of $14.7 million.
    * Wall Street's median 12-month price target for Angi Inc is
$5.00
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:50 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.03          Missed
 Mar. 31 2023      -0.06          -0.03          Beat
 Dec. 31 2022      -0.04          -0.06          Missed
 Sep. 30 2022      -0.03          -0.03          Met