Angie’s List Inc Earnings: Here’s Why Investors are Happy Now

Angie’s List Inc (NASDAQ:ANGI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 15.64%.

Angie’s List Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $0.04 in the quarter versus EPS of $-0.14 in the year-earlier quarter.

Revenue: Decreased 0% to $46.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Angie’s List Inc reported adjusted EPS income of $0.04 per share. By that measure, the company beat the mean analyst estimate of $-0.02. It beat the average revenue estimate of $45.58 million.

Quoting Management: “We had a great fourth quarter concluding an exceptional year,” said Angie’s List CEO Bill Oesterle. “Entering 2012, we set specific operational objectives, and we exceeded them. We made significant investments in our business during the year and achieved meaningful strides in our ability to monetize our membership base.”

Key Stats (on next page)…

Revenue increased 9.95% from $42.02 million in the previous quarter. EPS increased to $0.04 in the quarter versus EPS of $-0.32 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.16 and has not changed. For the current year, the average estimate has moved down from a loss of $0.98 to a loss of $0.99 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)