Will Yahoo meet beat or miss earnings estimates of 27 cents per share? The consensus estimate is 27 cents per share.
Analysts expect revenue to be $1.08 billion for the quarter.
My guess is Yahoo beats estimates by 8 cents and revs meet.
Don't think it will be a huge beat due to the money going into the restructuring and establishing an entertainment empire / hub. The advertising will follow after the structure is built. The mobile adds will take some time to establish, this stuff is all relatively brand new and a working process. I liken it to the Chinese company Yoku, where licensing and add revenue are being sorted out while the build out is occurring. The media stuff is pretty huge and will pay off big.