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Yahoo! Inc. (YHOO) Message Board

  • hedgecutter10 hedgecutter10 Jul 19, 2005 3:50 PM Flag

    Growth, Growth, , Read all About It----

    Bear Stearns maintained a "peer perform" rating on Yahoo!, saying it expects the Internet company to report strong second-quarter earnings.
    The research firm also said Yahoo!'s (nasdaq: YHOO - news - people ) future prospects remain robust due to a backlog of growth opportunities. For the second quarter, Bear Stearns estimates earnings per share for Yahoo! of 14 cents, a penny ahead of consensus. Revenue is expected to be $906 million for the period, $9 million above the high end of management�s guided range of $855 million to $895 million.
    Bear Stearns expects Yahoo!'s marketing-services division to grow 61% to $752.4 million and its fees to rise by 48% to $154 million. "We believe there could be upside to current full year subscriber guidance of 11.5 million to 12.0 million subscribers," Bear Stearns said, citing Yahoo!'s efforts to reposition products and create more monetization opportunities.

 
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40.32-0.43(-1.06%)Oct 1 4:15 PMEDT

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