Yelp Q2 EPS $0.21 Beats $0.15 Estimate, Sales $337.00M Beat $325.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yelp reported Q2 earnings of $0.21 per share, beating the analyst consensus estimate of $0.15 by 40%. The company also reported quarterly sales of $337.00 million, beating the analyst consensus estimate of $325.24 million by 3.62%. This represents a 90.91% increase in earnings and a 12.75% increase in sales compared to the same period last year.
August 04, 2023 | 2:19 pm
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POSITIVE IMPACT
Yelp's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Yelp's better-than-expected Q2 earnings and sales indicate a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100