Homeservices Inc (ANGI) reports earnings on August 09. Lets take a closer look at how the stock is currently trading.
Analysts are thinking we'll see an EPS (earnings per share) of -$0.03 on 08/09/2022 (Post-Market), EPS GAAP Estimate or -$0.06, and on Revenue Estimated to be $491.79M. Over the last 90 Days, there have been five revisions downward and three upward.
There are two primary things that ANGI bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company underperformed the analysts' estimates. After that they'll want to see a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of ANGI were trading at $5.2 as of August 01. Over the last 52-weeks, shares are down -65.15%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.