Recap: Yelp Q4 Earnings
Portfolio Pulse from Benzinga Insights
Yelp (NYSE:YELP) reported Q4 earnings with an EPS of $0.37, missing the estimated $0.38 by 2.63%. Revenue increased by $33.27 million from the same period last year. In the previous quarter, Yelp beat the EPS estimate by $0.44, leading to a 4.53% share price increase the next day. The company has shown varied performance over the past quarters, with both beats and misses on EPS estimates.
February 15, 2024 | 9:30 pm
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NEUTRAL IMPACT
Yelp reported Q4 earnings with a slight miss on EPS estimates but showed an increase in revenue compared to last year. The company's past performance indicates potential volatility in stock price following earnings announcements.
Yelp's slight miss on the EPS estimate may not significantly impact the stock price due to the reported revenue growth. However, considering the company's history of stock price volatility post-earnings announcements, investors should be cautious. The previous quarter's beat and subsequent stock price increase indicate that Yelp's stock price can react positively or negatively to earnings reports, depending on the market's interpretation of the financial results.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100