On Thursday, February 13, Yelp YELP will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Wall Street analysts see Yelp reporting earnings of 26 cents per share on revenue of $273.65 million.
Yelp reported a per-share profit of 37 cents when it published results during the same quarter last year. Sales in that period totaled $243.74 million. The Wall Street estimate would represent a 29.73% decline in the company's earnings. Revenue would be up 12.27% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.190 | 0.120 | 0.010 | 0.1 |
EPS Actual | 0.210 | 0.160 | 0.020 | 0.37 |
Stock Performance
Over the past 52-week period, shares of Yelp have declined 8.28%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Yelp. The strength of this rating has maintained conviction over the past three months.
Conference Call
Yelp is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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