Yelp (NYSE:YELP – Get Free Report) will post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Yelp to post earnings of $0.04 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Yelp (NYSE:YELP – Get Free Report) last posted its earnings results on Thursday, February 15th. The local business review company reported $0.37 earnings per share for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $342.38 million for the quarter, compared to analyst estimates of $341.83 million. Yelp had a return on equity of 14.06% and a net margin of 7.42%. Yelp’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.28 earnings per share. On average, analysts expect Yelp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Yelp Stock Performance
Yelp stock opened at $40.44 on Thursday. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 29.96 and a beta of 1.49. Yelp has a fifty-two week low of $26.53 and a fifty-two week high of $48.99. The stock’s fifty day moving average is $38.97 and its two-hundred day moving average is $42.48.
Insider Activity
Analyst Ratings Changes
Several analysts have weighed in on the company. StockNews.com raised Yelp from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 24th. Raymond James initiated coverage on Yelp in a research report on Wednesday, March 27th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $41.75.
Read Our Latest Report on YELP
About Yelp
Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.
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