ANGI see operating loss for first quarter [MarketWatch]
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: MarketWatch
ANGI Homeservices said late Tuesday it expects first-quarter 2020 revenue between $340 million and $345 million, and an operating loss between $15 million and $20 million. Analysts polled by FactSet expect the company to report sales around $356 million. The home services company said it had $384.2 million in cash and cash equivalents, $244.1 million of debt, which is mostly due in 2023, and $250 million available under its revolving credit facility, which expires in November 2023. "ANGI has ample access to capital to navigate current and coming economic pressures," the company said. The company withdrew its prior full-year 2020 guidance due to the impact of COVID-19 on its business; uncertainties wrought by the pandemic include economic impact on consumers and the willingness of homeowners and service professionals to resume interaction, ANGI said. Shares of ANGI fell 2.5% in the extended session after ending the regular trading day down 5.7%.
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High impacting Angi Inc. - Class A news events
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ANGI
News
- Angi Inc. (NASDAQ: ANGI) had its price target lowered by analysts at KeyCorp from $3.00 to $2.00. They now have an "overweight" rating on the stock.MarketBeat
- Exclusive: Manufacturing platform Keychain raises $15 million in Series A funds, including from the maker of iconic breakfast cereals [Fortune]Fortune
- Angi Inc. (NASDAQ: ANGI) had its price target lowered by analysts at JMP Securities from $3.25 to $3.00. They now have a "market outperform" rating on the stock.MarketBeat
- Angi Inc. (NASDAQ: ANGI) had its price target lowered by analysts at Benchmark Co. from $7.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Angi Inc. (NASDAQ: ANGI) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "buy" rating to a "neutral" rating. They now have a $2.50 price target on the stock, down previously from $3.25.MarketBeat
ANGI
Earnings
- 11/11/24 - Beat
ANGI
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- 11/15/24 - Form 4
- ANGI's page on the SEC website