Yelp Inc. (YELP) shares have lost 20.7% in the year-to-date period, underperforming the Zacks Computer Technology sector, Zacks Internet Content industry and the S&P 500’s return of 30%, 14.8% and 26.1%, respectively.Given Yelp’s position as the leading source of reviews and ratings for local businesses, this underperformance is disappointing. This raises a crucial question for investors: Is it the right time to buy, hold or sell Yelp stock?Yelp Faces Competitive and Economic HeadwindsYelp’s Restaurant, Ret ...

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Yelp (YELP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, YELP broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serving as a support or res ...

Table of Contents _____________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________________________________________ Form 10-Q ______________________________________________________________________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarte ...

Local business information platform Yelp plans to acquire auto services platform RepairPal for about $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions, Yelp said in a Thursday (Nov. 7) press release. The company announced the planned acquisition in an earnings release that also said that Yelp's advertising revenues in its Services categories rose 11% year over year to reach a record $228 million in third quarter. This contributed to the ...

Yelp Inc. (YELP) reported third-quarter 2024 earnings of 56 cents per share, beating the Zacks Consensus Estimate by 40%. The figure declined 29.1% year over year.YELP’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 165.12%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.YELP’s revenues increased 4.4% year over year to $360.3 million but marginally missed the Zacks Consensus Estimate by 0.11%.Following its lower-than-expec ...

Yelp (YELP) reported $360.34 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.4%. EPS of $0.56 for the same period compares to $0.79 a year ago.The reported revenue represents a surprise of -0.11% over the Zacks Consensus Estimate of $360.74 million. With the consensus EPS estimate being $0.40, the EPS surprise was +40.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Yelp (YELP) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this online business reviews company would post earnings of $0.23 per share when it actually produced earnings of $0.54, delivering a surprise of 134.78%. Over the last four quarters, ...

Yelp Inc. (NYSE:YELP) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kate Krieger - Director, IR Jeremy Stoppelman – CEO David Schwarzbach – CFO Jed Nachman - COO Conference Call Participants Cal Bartyzal - Craig-Hallum Capital Group Shweta Khajuria - Wolfe Research Josh Beck - Raymond James Sergio Segura – KeyBanc Capital Markets John Colantuoni - Jefferies Robert Coolbrith - Evercore ISI Operator Thank you for standing by. My name is Brianna, and I will be your conferenc ...

Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company's earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions. "We believe RepairPal will accelerate our broader services efforts by expanding our offerings in the multibillion dollar U.S. auto services advertising vertical," ...