Yelp Inc reports results for the quarter ended in December - Earnings Summary

Yelp

10/02/2023 16:02

* Yelp Inc  YELP.N  reported quarterly adjusted earnings of
28
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
28 cents per share.
    * Revenue rose 13.1% to $309.10 million from a year ago;
analysts
expected $306.50 million. 
    * Yelp Inc's reported EPS for the quarter was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Yelp Inc shares had risen by 12.8% this quarter.
    * The company reported quarterly net income of $20.15
million.
    * Wall Street's median 12-month price target for Yelp Inc is
$35.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
10 at 04:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.28           0.28           Met
 Sep. 30 2022      0.22           0.13           Missed
 Jun. 30 2022      0.01           0.11           Beat
 Mar. 31 2022      -0.09          -0.01          Beat