ANGI -30% after slashed outlook, analyst worries [Seeking Alpha]
Angi Inc. - Class A (ANGI)
Last angi inc. - class a earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
ir.angihomeservices.com/investor-overview
Company Research
Source: Seeking Alpha
ANGI Homeservices (NASDAQ: ANGI ) is in a heavy downdraft as today's market opens, , after it missed revenues and cut its full-year outlook. The company cut its full-year forecast for EBITDA to $200M-$230M, from a previous $280M-$300M. And IAC/InterActiveCorp mulled the idea of spinning ANGI off, a move some analysts saw as potentially positive, though Jefferies writes "underperformance may make investor demand for a spin underwhelming." Analysts overall focused their worries on Google-related competition after changes the search giant made to results that highlighted the risk to ANGI. Those changes have the potential to be a "long-term headache," Wedbush says, while noting meaningful increases to Google traffic expenses that resulted in a "challenging" quarter. The Google issue is the key question ANGI faces, Needham says, with Google-related competition that "seems to be impacting both traffic as well as service provider perception of value." Sell-side a
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High impacting Angi Inc. - Class A news events
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A roundup of the hottest topics
ANGI
News
- Angi Inc. (NASDAQ: ANGI) was upgraded by analysts at UBS Group AG to a "hold" rating.MarketBeat
- Angi Inc. to Announce Q3 2024 Earnings on November 11th and Host Earnings Conference Call on November 12thGlobeNewswire
- Get Your Home Ready for Fall with AngiGlobeNewswire
- IAC to Participate in the Goldman Sachs Communacopia & Technology Conference [Yahoo! Finance]Yahoo! Finance
- How many times can you refinance your home? [Yahoo! Finance]Yahoo! Finance
ANGI
Earnings
- 8/6/24 - Beat
ANGI
Analyst Actions
- 10/30/24 - UBS Group AG
ANGI
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 3
- 10/21/24 - Form 4
- ANGI's page on the SEC website