Angi's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Angi (NASDAQ:ANGI) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $-0.02. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historically, Angi's share price has reacted significantly to its earnings performance and guidance. Last quarter, Angi beat its EPS estimate, resulting in a 6.02% share price increase the following day. Over the last year, Angi's shares have increased by 2.87%, indicating a generally positive outlook from long-term shareholders.
February 12, 2024 | 6:01 pm
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POSITIVE IMPACT
Angi is expected to report an EPS of $-0.02 for the latest quarter. Historical data shows significant stock price movements post-earnings announcements, with a 6.02% increase after last quarter's beat. Shares have risen 2.87% over the past year, indicating a positive trend.
Given Angi's history of stock price movements following earnings announcements, especially after last quarter's beat, there's a positive sentiment. The anticipation of beating the EPS estimate and providing favorable guidance could lead to an uptick in the stock price. The historical performance and the positive trend over the past year further support this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100