Angi Q2 2024 GAAP EPS $0.01 Beats $(0.03) Estimate, Sales $315.132M Beat $304.112M Estimate
Portfolio Pulse from Benzinga Newsdesk
Angi (NASDAQ:ANGI) reported Q2 2024 GAAP EPS of $0.01, beating the analyst estimate of $(0.03) by 133.33%. Sales were $315.132M, surpassing the $304.112M estimate by 3.62%, but down 10.37% from the same period last year.
August 06, 2024 | 9:03 pm
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POSITIVE IMPACT
Angi reported Q2 2024 GAAP EPS of $0.01, beating estimates by 133.33%. Sales of $315.132M exceeded expectations but were down 10.37% YoY.
Angi's better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term, despite the YoY sales decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100