ANGI Earnings Prediction
The chart below shows how ANGI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ANGI sees a +2.36% change in stock price 10 days leading up to the earnings, and a +7.23% change 10 days following the report. On the earnings day itself, the stock moves by -2.15%. This data can give you a slight idea of what to expect for the next quarter's release.
ANGI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
296.72M
-15.52%
-5.84%
Gross Margin
89.11%
0.17%
1.50%
Operating Margin
2.63%
217.41%
-40.77%
Net Margin
11.92%
1519.05%
816.92%
EPS
0.07
800.00%
600.00%
No Data Available
ANGI Earnings Analysis
Angi Inc. Class A Common Stock Corporation (ANGI.O) Earnings Conference Call
Positive
Digital Advertising Growth: Digital advertising revenues grew 26%, led by 14% growth in core sessions.
Entertainment and Food Traffic Growth: Traffic growth was particularly strong in our entertainment and food properties, continuing to see momentum there.
Digital EBITDA Growth: Digital EBITDA grew 28% this past quarter, with incremental margins at 42%.
Profit Growth Amid Revenue Decline: We delivered profit growth in 2023 despite revenue declines, indicating strong cost management and operational efficiency.
Homeowner NPS Increase: Homeowner NPS year-over-year is up by almost 60% in this last quarter.
Negative
Net Operating Losses Update: IAC has net operating losses in excess of $1 billion, compared to $1.4 billion as of the end of last year.
Profit Offset Strategy: We will probably use some this year to offset profits.
NOLs Offset Gains: At current trading levels of about $1.1 billion gain, we've got more than enough NOLs to offset.
Consumer Choice Focus: IAC has a significant portion of the business to consumer choice, which I’ll come back to in a minute.
Profit Growth Amid Revenue Decline: We delivered profit growth in 2023 despite revenue declines.
ANGI FAQs
How does ANGI typically perform around its earnings report dates?
Is Angi Inc. (ANGI) Q3 2024 Earnings Call Summary positive or negative?
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ANGI Earning Call Sentiment
Angi Inc. (ANGI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ANGI.O
4.93%Positive
The earnings call summary highlights positive financial performance and growth in revenue, adjusted EBITDA, and cash flow. However, the Q&A section reveals concerns about potential risks, including regulatory challenges, competitive pressures, and economic factors. The spin-off plan for Angi raises questions about its standalone viability. Despite optimistic guidance and improvements in customer experience, the lack of specific shareholder return plans and management's avoidance of direct answers on cost savings contribute to a balanced sentiment. Given these mixed signals, a neutral stock price movement is anticipated over the next two weeks.
