Angi Inc reports results for the quarter ended March 31 - Earnings Summary

• Angi Inc ANGI.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of eight analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -20 cents tozero cents per share.

• Revenue fell 19.5% to $245.91 million from a year ago; analysts expected $240.91 million.

• Angi Inc's reported EPS for the quarter was 30 cents​.

• The company reported quarterly net income of $15.11 million.

• Angi Inc shares had fallen by 27.3% this quarter and lost 32.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 399.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "hold"

• Wall Street's median 12-month price target for Angi Inc is $24.00

This summary was machine generated from LSEG data May 6 at 11:09 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)