Angi (ANGI) Reports Break-Even Earnings for Q1

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]