Yelp (NYSE: YELP) announces its next round of earnings this Thursday, November 7. Here's Benzinga's look at Yelp's Q3 earnings report.
Earnings and Revenue
Wall Street analysts see Yelp reporting earnings of 19 cents per share on sales of $262.35 million.
In the same quarter last year, Yelp announced EPS of 17 cents on revenue of $241.10 million. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 11.76%. Sales would be up 8.82% from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
|Quarter||Q2 2019||Q1 2019||Q4 2018||Q3 2018|
Over the last 52-week period, shares are down 23.72%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Yelp stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Yelp is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here.
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