Angi (ANGI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Angi reported revenue of $300.43 million for Q4 2023, a decrease of 32% year-over-year, with EPS at $0.01 compared to -$0.07 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $306.73 million, resulting in a surprise of -2.05%, while the EPS exceeded expectations with a surprise of +150.00% [1] Revenue Performance - International revenue was $27.40 million, surpassing the average estimate of $26.39 million from three analysts [2] - Total domestic revenue reached $273.10 million, slightly below the average estimate of $278.78 million [2] - Domestic services revenue was $26.10 million, in line with the average estimate of $26.03 million [2] - Domestic ads and leads revenue was $246.90 million, falling short of the average estimate of $252.75 million [2] Adjusted EBITDA Metrics - Adjusted EBITDA for total domestic corporate was -$12.70 million, worse than the average estimate of -$11.56 million [2] - Adjusted EBITDA for total domestic services was $5.10 million, exceeding the average estimate of $3.14 million [2] - Adjusted EBITDA for total domestic ads and leads was $47.20 million, significantly higher than the average estimate of $33.57 million [2] Stock Performance - Angi's shares have returned +8.8% over the past month, outperforming the Zacks S&P 500 composite's +5.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]