Angi Q3 EPS $(0.01) Vs $(0.03) Last Year, Sales $371.84M Miss $376.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Angi reported Q3 losses of $(0.01) per share, a 66.67% improvement from $(0.03) per share last year. However, the company's quarterly sales of $371.84M missed the analyst consensus estimate of $376.39M by 1.21%, marking a 25.34% decrease from $498.04M in the same period last year.
November 07, 2023 | 10:18 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Angi's Q3 results show improved losses but missed sales estimates. This could potentially impact investor sentiment.
Angi's improved losses indicate a positive trend in the company's financial performance. However, the missed sales estimates and the significant decrease in sales YoY could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100