Yelp: Q1 Earnings Insights

Yelp YELP reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Yelp beat estimated earnings by 60.0%, reporting an EPS of $-0.02 versus an estimate of $-0.05.

Revenue was up $35.81 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 3.21% increase in the share price the next day.

Here's a look at Yelp's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.28	0.22	0.01	-0.09
EPS Actual	0.28	0.19	0.11	-0.01
Revenue Estimate	306.50M	307.73M	286.43M	266.65M
Revenue Actual	309.10M	308.89M	298.88M	276.63M

To track all earnings releases for Yelp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.