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What Analyst Projections for Key Metrics Reveal About Yelp (YELP) Q1 Earnings
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Analysts on Wall Street project that Yelp (YELP - Free Report) will announce quarterly earnings of $0.26 per share in its forthcoming report, representing a decline of 27.8% year over year. Revenues are projected to reach $354.57 million, declining 1.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Yelp metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net revenue- Advertising' should arrive at $332.17 million. The estimate indicates a year-over-year change of -2.9%.
It is projected by analysts that the 'Net revenue- Other services' will reach $22.40 million. The estimate points to a change of +35.5% from the year-ago quarter.
Analysts' assessment points toward 'Net revenue- Advertising revenue- Services' reaching $233.42 million. The estimate points to a change of +0.8% from the year-ago quarter.
Analysts forecast 'Net revenue- Advertising revenue- Restaurants, Retail & Other' to reach $100.13 million. The estimate points to a change of -9.3% from the year-ago quarter.
The combined assessment of analysts suggests that 'Paying Advertising Locations' will likely reach 492.50 thousand. The estimate is in contrast to the year-ago figure of 517.00 thousand.
The average prediction of analysts places 'Paying Advertising Locations - Restaurants, Retail & Other' at 236.08 thousand. Compared to the current estimate, the company reported 256.00 thousand in the same quarter of the previous year.
The consensus among analysts is that 'Paying Advertising Locations - Services' will reach 256.42 thousand. The estimate is in contrast to the year-ago figure of 261.00 thousand.
Over the past month, shares of Yelp have returned +14.2% versus the Zacks S&P 500 composite's +10.3% change. Currently, YELP carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Yelp (YELP) Q1 Earnings
Analysts on Wall Street project that Yelp (YELP - Free Report) will announce quarterly earnings of $0.26 per share in its forthcoming report, representing a decline of 27.8% year over year. Revenues are projected to reach $354.57 million, declining 1.1% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Yelp metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net revenue- Advertising' should arrive at $332.17 million. The estimate indicates a year-over-year change of -2.9%.
It is projected by analysts that the 'Net revenue- Other services' will reach $22.40 million. The estimate points to a change of +35.5% from the year-ago quarter.
Analysts' assessment points toward 'Net revenue- Advertising revenue- Services' reaching $233.42 million. The estimate points to a change of +0.8% from the year-ago quarter.
Analysts forecast 'Net revenue- Advertising revenue- Restaurants, Retail & Other' to reach $100.13 million. The estimate points to a change of -9.3% from the year-ago quarter.
The combined assessment of analysts suggests that 'Paying Advertising Locations' will likely reach 492.50 thousand. The estimate is in contrast to the year-ago figure of 517.00 thousand.
The average prediction of analysts places 'Paying Advertising Locations - Restaurants, Retail & Other' at 236.08 thousand. Compared to the current estimate, the company reported 256.00 thousand in the same quarter of the previous year.
The consensus among analysts is that 'Paying Advertising Locations - Services' will reach 256.42 thousand. The estimate is in contrast to the year-ago figure of 261.00 thousand.
View all Key Company Metrics for Yelp here>>>Over the past month, shares of Yelp have returned +14.2% versus the Zacks S&P 500 composite's +10.3% change. Currently, YELP carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .