Yelp Inc expected to post earnings of 35  cents a share - Earnings Preview

Yelp

31/10/2023 21:06

* Yelp Inc  YELP.N   YELP.K  is expected to show a rise in
quarterly revenue when it reports  results on November 2. 
    * The San Francisco California-based  company is expected to
report  a 10.4% increase in revenue to $341.042 million from
$308.89 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data. The company's guidance on August
3 2023, for the period ended September 30, was for revenue
between $337.00 million and $342.00 million.
    * ​Refinitiv's mean analyst estimate for Yelp Inc is for
earnings
of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Yelp Inc is
$44.25​, above​ its last closing price of $42.19. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD337 million and
USD89 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.15        0.15       0.21      Beat    37.4
 Mar. 31 2023  -0.05       -0.05      -0.02     Beat    61.1
 Dec. 31 2022  0.27        0.35       0.28      Missed  -18.9​
 Sep. 30 2022  0.21        0.22       0.13      Missed  -41.4
 ​​Jun.        0.01        0.01       0.11      Beat    1,000
 30 2022                                                
 Mar. 31 2022  -0.09       -0.09      -0.01     Beat    89.3​
 Dec. 31 2021  0.14        0.14       0.30      Beat    112.8
 Sep. 30 2021  0.01        0.00       0.23      Beat    8,946.
                                                        2
 This summary was machine generated October 31 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated