Yelp Inc. (YELP - Free Report) just released its second quarter fiscal 2016 earnings results, posting earnings of $0.01 per share (excluding special items) and revenue of $173.4 million.
Currently, YELP has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Yelp Inc.:
Beat earnings estimates. The company posted earnings of $0.01 per share (excluding special items), surpassing the Zacks Consensus Estimate of -$0.07 per share. Net Profit came in at $449,000.
Beat revenue estimates. The company saw revenue figures of $173.4 million, higher than our consensus estimate of $170 million.
Saw cumulative reviews grew 30% year-over-year to approximately 180 million. Local advertising accounts also grew 32% year-over-year to approximately 128,000.
Saw App Unique Devices grow 27% year-over-year to approximately 23 million on a monthly basis.
YELP was up $2.24, or 6.86%, to $34.88 as of 4:20 PM ET in after-hours trading shortly after its earnings report was released.
Here’s a graph that looks at Yelp’s share price and earnings surprises since 2015…
Yelp Inc. is a website engaged in providing information through an online community offering social networking. It covers restaurants, shopping, nightlife, financial services, health and a variety of services. The company serves the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland, and Belgium. The company is headquartered in San Francisco, California.
Check back later for our full analysis onYELP’s second quarter earnings report!
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Yelp Inc. (YELP - Free Report) just released its second quarter fiscal 2016 earnings results, posting earnings of $0.01 per share (excluding special items) and revenue of $173.4 million.
Currently, YELP has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Yelp Inc.:
Beat earnings estimates. The company posted earnings of $0.01 per share (excluding special items), surpassing the Zacks Consensus Estimate of -$0.07 per share. Net Profit came in at $449,000.
Beat revenue estimates. The company saw revenue figures of $173.4 million, higher than our consensus estimate of $170 million.
Saw cumulative reviews grew 30% year-over-year to approximately 180 million. Local advertising accounts also grew 32% year-over-year to approximately 128,000.
Saw App Unique Devices grow 27% year-over-year to approximately 23 million on a monthly basis.
YELP was up $2.24, or 6.86%, to $34.88 as of 4:20 PM ET in after-hours trading shortly after its earnings report was released.
Here’s a graph that looks at Yelp’s share price and earnings surprises since 2015…
Yelp Inc. is a website engaged in providing information through an online community offering social networking. It covers restaurants, shopping, nightlife, financial services, health and a variety of services. The company serves the United States, Canada, the United Kingdom, Ireland, France, Germany, Austria, the Netherlands, Spain, Italy, Switzerland, and Belgium. The company is headquartered in San Francisco, California.
Check back later for our full analysis onYELP’s second quarter earnings report!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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