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Angi (ANGI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-07 00:31
For the quarter ended June 2024, Angi (ANGI) reported revenue of $315.13 million, down 16% over the same period last year. EPS came in at $0.01, compared to -$0.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $305.06 million, representing a surprise of +3.30%. The company delivered an EPS surprise of +200.00%, with the consensus EPS estimate being -$0.01.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Angi (ANGI) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-06 23:50
Angi (ANGI) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this provider of a digital marketplace for home services would post a loss of $0.01 per share when it actually produced break-even earnings, delivering a surprise of 100%.Over t ...
Angi Inc. Earnings Release Available on Company's Website
Newsfilter· 2024-08-06 20:10
Group 1: Company Overview - Angi Inc. (NASDAQ:ANGI) assists homeowners in completing home projects and supports home service professionals in business growth, evolving from its initial goal of connecting people with skilled home pros since 1995 [2] - Over 25 years, Angi has helped more than 150 million individuals maintain, repair, renovate, and improve their homes, while also aiding hundreds of thousands of small local businesses [2] Group 2: Financial Results and Conference Call - Angi Inc. announced its second quarter financial results, which are available on its investor relations website [1] - A conference call to discuss the second quarter results for both Angi Inc. and IAC will take place on August 7, 2024, at 8:30 a.m. ET, featuring key executives from both companies [1] Group 3: IAC Overview - IAC (NASDAQ:IAC) focuses on building companies through curiosity and a desire to innovate, having evolved into a conglomerate of 11 public companies over two decades [3] - IAC includes category-leading businesses such as Angi Inc., Dotdash Meredith, and Care.com, and maintains a commitment to financially disciplined opportunism [3]
Angi Inc. to Announce Q2 2024 Earnings on August 6th and Host Earnings Conference Call on August 7th
GlobeNewswire News Room· 2024-07-17 20:10
Core Insights - Angi Inc. will release its second quarter results on August 6, 2024, followed by a conference call on August 7, 2024, at 8:30 a.m. ET to discuss the results with IAC [1] - Angi has been operational for over 25 years, focusing on connecting homeowners with skilled home service professionals and has assisted over 150 million people in home maintenance and improvement [2] - IAC is a company that builds and acquires brands, currently comprising several leading businesses, including Angi Inc., and emphasizes financially disciplined opportunism [3] Company Overview: Angi Inc. - Angi helps homeowners complete home projects and supports home service professionals in business growth [2] - The company has evolved from its initial goal of connecting people with local pros to offering a comprehensive platform for project research, cost estimation, and inspiration [2] - Angi has a vast network of skilled home professionals and has significantly impacted both homeowners and local businesses [2] Company Overview: IAC - IAC is focused on building companies and has evolved over two decades into a conglomerate of 11 public companies [3] - The company is driven by curiosity and a desire to innovate, maintaining a principle of financially disciplined opportunism [3] - IAC's portfolio includes category-leading businesses, showcasing a mix of early-stage and established companies [3]
Angi Inc. to Announce Q2 2024 Earnings on August 6th and Host Earnings Conference Call on August 7th
Newsfilter· 2024-07-17 20:10
DENVER, July 17, 2024 (GLOBE NEWSWIRE) -- After the close of market trading on Tuesday, August 6, 2024, Angi Inc. (NASDAQ:ANGI) will post its second quarter results at ir.angi.com/quarterly-earnings. On Wednesday August 7, 2024, at 8:30 a.m. ET, Angi Inc. and IAC will host a conference call to answer questions regarding the companies' respective second quarter results. The live audiocast and replay will be open to the public through the investor relations section of the Angi site at ir.angi.com/quarterly-ea ...
New Angi Report Finds Nearly 90% of Skilled Tradespeople Satisfied in Their Careers
Newsfilter· 2024-05-21 13:00
DENVER, May 21, 2024 (GLOBE NEWSWIRE) -- Angi, a leading and comprehensive solution for improving and maintaining homes, today released its Skilled Trades in America Report. The report highlights a trend that stands in stark contrast to anxieties in many sectors: exceptionally high job satisfaction in the skilled trades industry. While concerns about AI replacing jobs are prevalent across industries, skilled trades professionals report feeling secure. According to Angi's data, a staggering 90% of tradespeop ...
New Angi Report Finds Nearly 90% of Skilled Tradespeople Satisfied in Their Careers
globenewswire.com· 2024-05-21 13:00
DENVER, May 21, 2024 (GLOBE NEWSWIRE) -- Angi, a leading and comprehensive solution for improving and maintaining homes, today released its Skilled Trades in America Report. The report highlights a trend that stands in stark contrast to anxieties in many sectors: exceptionally high job satisfaction in the skilled trades industry. While concerns about AI replacing jobs are prevalent across industries, skilled trades professionals report feeling secure. According to Angi’s data, a staggering 90% of tradespeop ...
ANGI Homeservices(ANGI) - 2024 Q1 - Earnings Call Transcript
2024-05-08 18:03
Angi Inc. (NASDAQ:ANGI) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jeff Kip - CEO Christopher Halpin - CFO Angi, Inc., and COO, IAC Joey Levin - CEO, IAC and CEO and Chairman, Angi, Inc. Conference Call Participants Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer Justin Patterson - KeyBanc Eric Sheridan - Goldman Sachs Brian Fitzgerald - Wells Fargo Dan Kurnos - The Benchmark Company Brent Thill - Jefferies Thomas Champion - Piper Sandler Operator Good day and welc ...
Here's What Key Metrics Tell Us About Angi (ANGI) Q1 Earnings
Zacks Investment Research· 2024-05-08 01:01
For the quarter ended March 2024, Angi (ANGI) reported revenue of $305.39 million, down 22.2% over the same period last year. EPS came in at $0.00, compared to -$0.03 in the year-ago quarter.The reported revenue represents a surprise of +2.56% over the Zacks Consensus Estimate of $297.78 million. With the consensus EPS estimate being -$0.01, the EPS surprise was +100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...
Angi (ANGI) Reports Break-Even Earnings for Q1
Zacks Investment Research· 2024-05-07 23:41
分组1 - Angi reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.01, compared to a loss of $0.03 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $305.39 million for the quarter ended March 2024, exceeding the Zacks Consensus Estimate by 2.56%, but down from $392.41 million year-over-year [1] - Over the last four quarters, Angi has surpassed consensus EPS estimates three times and topped consensus revenue estimates just once [1] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call, with Angi shares having added about 2.4% since the beginning of the year, compared to the S&P 500's gain of 8.6% [2] - The current consensus EPS estimate for the coming quarter is -$0.01 on revenues of $318.07 million, and -$0.01 on revenues of $1.29 billion for the current fiscal year [4] - The Zacks Industry Rank for Internet - Content is currently in the top 31% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [5]