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

Yelp

04/05/2023 22:53

* Yelp Inc  YELP.N  reported a quarterly adjusted loss of 2
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 12.9% to $312.44 million from a year ago;
analysts
expected $305.90 million. 
    * Yelp Inc's reported EPS for the quarter was a loss of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 118%
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 fallen by 10.1% this quarter and
gained 1.0%
so far this year.
    * The company reported a quarterly loss of $1.18 million.
    * Wall Street's median 12-month price target for Yelp Inc is
$38.00 
    * 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 LSEG Refinitiv data May
4 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.02          Beat
 Dec. 31 2022      0.28           0.28           Met
 Sep. 30 2022      0.22           0.13           Missed
 Jun. 30 2022      0.01           0.11           Beat