Angie Earnings Calls

Q1 2025 Beat
$0.300 (475.00%)
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%
Q4 2024 Missed
-$0.0258 (-158.30%)
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%
Q3 2024 Beat
$0.700 (35,432.99%)
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%
Q2 2024 Beat
$0.100 (200.00%)
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.

Q2 2024 Beat
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%
Q3 2024 Beat
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%
Q4 2024 Missed
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%
Q1 2025 Beat
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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.

Angie Earnings History

Earnings Calendar

FAQ

When is the earnings report for ANGI?
Angie (ANGI) has scheduled its earnings report for Aug 05, 2025 after the markets close.

What is the ANGI price-to-earnings (P/E) ratio?
ANGI P/E ratio as of May 16, 2025 (TTM) is 153.81.

What is the ANGI EPS forecast?
The forecasted EPS (Earnings Per Share) for Angie (ANGI) for the first fiscal quarter 2025 is $0.170.

What are Angie's retained earnings?
On its balance sheet, Angie reported retained earnings of $245.91 million for the latest quarter ending Mar 31, 2025.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT ANGIE
Angie
Angi Inc. connects home service professionals with consumers in the United States and internationally. Its Angi Ads business, which connects consumers with service professionals for local services through the Angi nationwide online directory of service professionals in various service categories; provides consumers with valuable tools, services, and content, including verified reviews, to help them research, shop, and hire for local services; and...
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