Angie Stock Earnings Reports
Angie Earnings Calls
Release date | May 06, 2025 |
EPS estimate | -$0.0800 |
EPS actual | $0.300 |
EPS Surprise | 475.00% |
Revenue estimate | 265.246M |
Revenue actual | 245.913M |
Revenue Surprise | -7.29% |
Release date | Feb 11, 2025 |
EPS estimate | -$0.0100 |
EPS actual | -$0.0258 |
EPS Surprise | -158.30% |
Revenue estimate | 267M |
Revenue actual | 267.869M |
Revenue Surprise | 0.325% |
Release date | Nov 11, 2024 |
EPS estimate | $0.0020 |
EPS actual | $0.700 |
EPS Surprise | 35,432.99% |
Revenue estimate | 296.52M |
Revenue actual | 296.719M |
Revenue Surprise | 0.0671% |
Release date | Aug 06, 2024 |
EPS estimate | -$0.100 |
EPS actual | $0.100 |
EPS Surprise | 200.00% |
Revenue estimate | 304.11M |
Revenue actual | 315.134M |
Revenue Surprise | 3.63% |
Last 4 Quarters for Angie
Below you can see how ANGI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Aug 06, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $1.98 |
EPS estimate | -$0.100 |
EPS actual | $0.100 |
EPS surprise | 200.00% |
Date | Price |
---|---|
Jul 31, 2024 | $2.32 |
Aug 01, 2024 | $2.24 |
Aug 02, 2024 | $2.02 |
Aug 05, 2024 | $1.97 |
Aug 06, 2024 | $1.98 |
Aug 07, 2024 | $2.59 |
Aug 08, 2024 | $2.49 |
Aug 09, 2024 | $2.50 |
Aug 12, 2024 | $2.32 |
4 days before | -14.66% |
4 days after | 17.17% |
On release day | 30.81% |
Change in period | 0% |
Release date | Nov 11, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $2.62 |
EPS estimate | $0.0020 |
EPS actual | $0.700 |
EPS surprise | 35,432.99% |
Date | Price |
---|---|
Nov 05, 2024 | $2.50 |
Nov 06, 2024 | $2.53 |
Nov 07, 2024 | $2.61 |
Nov 08, 2024 | $2.51 |
Nov 11, 2024 | $2.62 |
Nov 12, 2024 | $1.93 |
Nov 13, 2024 | $1.85 |
Nov 14, 2024 | $1.75 |
Nov 15, 2024 | $1.72 |
4 days before | 4.80% |
4 days after | -34.35% |
On release day | -26.34% |
Change in period | -31.20% |
Release date | Feb 11, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $1.73 |
EPS estimate | -$0.0100 |
EPS actual | -$0.0258 |
EPS surprise | -158.30% |
Date | Price |
---|---|
Feb 05, 2025 | $1.84 |
Feb 06, 2025 | $1.78 |
Feb 07, 2025 | $1.77 |
Feb 10, 2025 | $1.75 |
Feb 11, 2025 | $1.73 |
Feb 12, 2025 | $1.63 |
Feb 13, 2025 | $1.84 |
Feb 14, 2025 | $1.84 |
Feb 18, 2025 | $1.77 |
4 days before | -5.98% |
4 days after | 2.31% |
On release day | -5.78% |
Change in period | -3.80% |
Release date | May 06, 2025 |
Fiscal end date | Mar 31, 2025 |
Price on release | $11.25 |
EPS estimate | -$0.0800 |
EPS actual | $0.300 |
EPS surprise | 475.00% |
Date | Price |
---|---|
Apr 30, 2025 | $11.46 |
May 01, 2025 | $11.96 |
May 02, 2025 | $11.79 |
May 05, 2025 | $11.20 |
May 06, 2025 | $11.25 |
May 07, 2025 | $15.15 |
May 08, 2025 | $14.98 |
May 09, 2025 | $16.10 |
May 12, 2025 | $16.11 |
4 days before | -1.83% |
4 days after | 43.20% |
On release day | 34.67% |
Change in period | 40.58% |
Angie Earnings Call Transcript Summary of Q1 2025
Angi Q1 2025 Earnings Call Summary for Investors
Key Highlights:
- Introduction and Leadership:
- CFO Andrew "Rusty" Russakoff and CEO Jeff Kip led the call, emphasizing the company's first quarter performance as an independent public company.
- Homeowner Choice Implementation:
- Angi implemented a new "homeowner choice" model in January 2025, where homeowners actively select service providers, leading to improved homeowner satisfaction.
- This strategic shift resulted in a significant increase in the homeowner Net Promoter Score (NPS), moving from below -30 to a near-positive score.
- Impact on Financial Performance:
- The transition to homeowner choice negatively affected Q1 revenue predominantly due to lower lead volume; there was a notable 33% and 57% decline in network service requests and leads, respectively.
- Proprietary service request declines have slowed and are nearing flat growth, while the expectation is for revenue per lead to increase in Q2 2025.
- Future Growth Projections:
- Revenue guidance for 2026 indicates a path back to growth by stabilizing the network channel and growing proprietary service requests.
- Management expects sequential revenue improvements throughout 2025.
- A transition towards more profitable pros and effective customer acquisition is anticipated, with significant capacity within the existing professional network.
- Pro Network Metrics and Strategy:
- The number of active pros is expected to stabilize, and retention rates for pros have improved significantly for all cohorts.
- The company has reduced its sales force and is focusing on acquiring higher quality pros, enhancing overall profitability and capacity.
- Market Context and Consumer Behavior:
- The macroeconomic environment has resulted in consumers prioritizing necessary maintenance over discretionary spending, which may impact demand.
- The company's positioning allows it to capture demand when pros face reduced orders from traditional referrals, thereby gaining a larger share of the market.
- Investment and Margins:
- Angi has made substantial investments in the customer experience, evidenced by improved operating efficiencies and profit margins.
- Fixed expenses and capital expenditures were reduced by $100 million compared to 2022.
- Capital Allocation Priorities:
- The company plans to continue share buybacks to manage dilution and remains cautious about acquisitions, focusing on enhancing existing operations before considering new investments.
- Continued Growth in Marketing and Customer Acquisition:
- Successful expansion into paid marketing channels, including display and social networks, has improved customer acquisition efficiency.
- AI technology is being integrated to enhance consumer and pro experiences, focusing on better matches and user interactions.
- International Operations Insights:
- The Canadian market is being transitioned to a new platform, leading to short-term revenue declines but improved profitability in the long run.
Conclusion:
Overall, Angi’s first quarter performances showcased its strategic focus on enhancing customer experience, generating operational efficiencies, and preparing for future growth. While facing near-term revenue challenges due to the adoption of the homeowner choice model, the team emphasizes a clear pathway to recovery and growth in 2026. Investors should monitor the ongoing adjustments in the network, marketing strategies, and economic conditions as they impact future performance.