Yelp Inc expected to post earnings of 38 cents a share - Earnings Preview

Yelp

13/02/2024 21:57

* Yelp Inc  YELP.N   YELP.K  is expected to show a rise in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 10.4% increase in revenue to $341.315 million from
$309.1 million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $337.00 million and $342.00 million. (SAL is based on
Net Revenue)
    * ​LSEG's mean analyst estimate for Yelp Inc is for earnings
of 38
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 1 "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
$50.00​, above​ its last closing price of $45.71. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD337 million and
USD90 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.37        0.35       0.79      Beat    124.7
 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.        0.21        0.22       0.13      Missed  -41.4
 30 2022                                                
 Jun. 30 2022  0.01        0.01       0.11      Beat    1,000​
 Mar. 31 2022  -0.09       -0.09      -0.01     Beat    89.3
 Dec. 31 2021  0.14        0.14       0.30      Beat    112.8
 This summary was machine generated February 13 at 21:57 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)