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Stock impact report

YELP Q3 Earnings Beat: Will Weak Guidance Drag the Stock Down? [Yahoo! Finance]

Yelp Inc. (YELP) 
Last yelp inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NYSE Investor Relations: yelp-ir.com/investor-overview
Company Research Source: Yahoo! Finance
YELP's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 165.12%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. YELP's revenues increased 4.4% year over year to $360.3 million but marginally missed the Zacks Consensus Estimate by 0.11%. Following its lower-than-expected third-quarter revenue estimates, YELP lowered guidance for 2024. This raises concerns about the company's near-term prospects, which might weigh on its share price performance. YELP shares lost nearly 3% in the pre-market trading. Shares of YELP have plunged 19.7% year to date, underperforming the Zacks Computer & Technology sector's return of 28.5%. Yelp Inc. price-consensus-eps-surprise-chart | Yelp Inc. Quote Yelp's advertising revenues (95.6% of total revenues) increased 4% year over year to $344 million, mainly driven by a rise in ad clicks and increasing cost per click. Our model estimate for Advertising revenues was p Show less Read more
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