Earnings Preview for ANGI Homeservices

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ANGI Homeservices ANGI releases its next round of earnings this Monday, August 10. Here's Benzinga's essential guide to ANGI Homeservices's Q2 earnings report.

Earnings and Revenue

ANGI Homeservices's EPS will be near $-0.01 on sales of $363.44 million, according to Wall Street analysts. In the same quarter last year, ANGI Homeservices reported earnings per share of $0.01 on sales of $343.90 million. The Wall Street estimate would represent a 200.0% decline in the company's earnings. ANGI Homeservices's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.03 0 0.02 0.02
EPS Actual -0.02 0 0.04 0.01
Revenue Estimate 348.22 M 325.44 M 355.87 M 351.20 M
Revenue Actual 343.65 M 321.51 M 357.36 M 343.90 M

Stock Performance

Over the last 52-week period, shares are up 73.36%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. ANGI Homeservices is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://interactivecorp.zoom.us/webinar/register/WN_c56qCEL2SVawQgG08XQwZA

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