ANGI Homeservices Inc. (NASDAQ:ANGI) HomeAdvisor digital marketplace service provider, is reporting second quarter earnings results on Monday 10th August 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share.
For the full year, analysts predict revenues of $ 1465.39 million, while looking forward to loss of $ 0.03 per share.
Previous Quarter Performance
ANGI Homeservices Inc. came out with loss for the first quarter of $ 0.02 per share, from the revenue of $ 343.65 million. The quarterly revenues boosted 13.25 percent compared with the same quarter last year. According to street consensus, ANGI was expected to report 1Q20 loss of $ 0.03 per share from revenue of $ 348.22 million. The bottom line results beat street analysts by $ 0.01 or 33.33 percent, at the same time, top line results fell short of analysts by $ 4.57 million or 1.31 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ANGI was $ 15.71, representing a 283.17 % increase from the 52 week low of $ 4.10 and a 7.86 % decrease over the 52 week high of $ 17.05.
The company has a market capital of $ 7.76 billion and is part of the Technology sector and Internet Content & Information industry.
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Recent Analyst recommendations
- On 7th July 2020, maintained by JPMorgan Chase & Co. at Overweight rating, with $ 18.00 target price.
- On 30th June 2020, maintained by Citigroup at Buy rating, with $ 15.00 target price.
- On 24th June 2020, maintained by Needham & Company LLC at Buy rating, with $ 17.00 target price.
- On 23rd June 2020, maintained by BMO Capital Markets at Outperform rating, with $ 16.00 target price.
ANGI Homeservices Inc. operates a digital marketplace for home services, connecting millions of homeowners with home service professionals in North America and Europe. Its HomeAdvisor digital marketplace service connects consumers with service professionals for home repair, maintenance, and improvement projects, as well as provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals.
