Angi Inc reports results for the quarter ended September 30 - Earnings Summary

Angi Inc reported Q3 earnings of 23 cents per share, down from 70 cents a year ago, meeting analyst expectations. Revenue fell 10.5% to $265.63 million, below the expected $268.95 million. The company’s net income was $10.61 million. Shares dropped 20.8% this quarter and 22.5% year-to-date. Analysts' earnings estimates have decreased by 19.8% over the last three months, with a current average rating of "hold". The median 12-month price target is $22.00, 41.5% above the last closing price of $12.87.