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

Yelp

03/08/2023 23:40

* Yelp Inc  YELP.N  reported quarterly adjusted earnings of
21
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of 15 cents per share.
    * Revenue rose 12.8% to $337.13 million from a year ago;
analysts
expected $325.43 million. 
    * Yelp Inc's reported EPS for the quarter was 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Yelp Inc shares had risen by 20.5% this quarter and
gained 60.4%
so far this year.
    * The company reported quarterly net income of $14.73
million.
    * Wall Street's median 12-month price target for Yelp Inc is
$40.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 10:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.15           0.21           Beat
 Mar. 31 2023      -0.05          -0.02          Beat
 Dec. 31 2022      0.35           0.28           Missed
 Sep. 30 2022      0.22           0.13           Missed