Yahoo! (YHOO) Scheduled to Post Earnings on Tuesday
Yahoo! (NASDAQ:YHOO) is scheduled to announce its Q313 earnings results on Tuesday, October 15th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $1.09 billion for the quarter.
Yahoo! (NASDAQ:YHOO) last released its earnings data on Tuesday, July 16th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.04. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts expect Yahoo! to post $1.47 EPS for the current fiscal year and $1.67 EPS for the next fiscal year.
Yahoo! (NASDAQ:YHOO) opened at 34.15 on Monday. Yahoo! has a 52 week low of $15.65 and a 52 week high of $35.06. The stock’s 50-day moving average is $30.65 and its 200-day moving average is $27.19. The company has a market cap of $34.844 billion and a price-to-earnings ratio of 9.33.
A number of research firms have recently commented on YHOO. Analysts at B. Riley raised their price target on shares of Yahoo! from $32.00 to $39.00 in a research note to investors on Wednesday, October 9th. They now have a “buy” rating on the stock. On the ratings front, analysts at Goldman Sachs Group Inc. raised their price target on shares of Yahoo! to $39.00 in a research note to investors on Tuesday, October 8th. They now have a “buy” rating on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Yahoo! in a research note to investors on Tuesday, October 8th. Twenty-one equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $30.31.
Yahoo! Inc (NASDAQ:YHOO) is a digital media company.
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