Yelp Inc expected to post earnings of 6 cents a share - Earnings Preview

Yelp

08/05/2024 01:03

* Yelp Inc  YELP.N   YELP.K  is expected to show a rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 6.7% increase in revenue to $333.435 million from
$312.44 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.The company's guidance on
February 15 2024, for the period ended March 31, was for revenue
between $330.00 million and $335.00 million.
    * ​LSEG's mean analyst estimate for Yelp Inc is for earnings
of 6
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Yelp Inc is
$45.25​, above​ its last closing price of $41.11. ​​​

The company's guidance on February 15 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD330 million and USD52 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  
 Dec. 31 2023  0.37        0.37       0.37      Met     0
 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.        0.27        0.35       0.28      Missed  -18.9
 31 2022                                                
 Sep. 30 2022  0.21        0.22       0.13      Missed  -41.4​
 Jun. 30 2022  0.01        0.01       0.11      Beat    1,000
 Mar. 31 2022  -0.09       -0.09      -0.01     Beat    89.3
 This summary was machine generated May 8 at 00:03 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)