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," ...

EXHIBIT 99.1 Yelp Reports Third Quarter Results and Announces Strategic Acquisition Net Revenue increased by 4% to $360 million Net Income of $38 million, reflecting an 11% margin Adjusted EBITDA of $101 million, reflecting a 28% margin Full-year outlook adjusted to $1.397 billion to $1.402 billion of Net Revenue and $341 million to $346 million of Adjusted EBITDA 1 Yelp has entered into an agreement to acquire RepairPal for $80 million in cash SAN FRANCISCO--(BUSINESS WIRE)--Nov. 7, 2024-- Yelp Inc. (NYSE: ...

Yelp Inc. (YELP) is slated to report third-quarter 2024 results after market close on Nov. 7.For the third quarter, the company anticipates revenues between $357 million and $362 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $362 million, indicating a year-over-year increase of 5%.The consensus mark for earnings is pegged at 40 cents per share, suggesting a 49.4% year-over-year decline.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.YELP’s earnings ou ...

Investors might want to bet on Yelp (YELP) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a ch ...

Republican presidential nominee and former U.S. President Donald Trump works behind the counter during a visit to McDonalds in Feasterville-Trevose, Pennsylvania, U.S. October 20, 2024.Yelp temporarily disabled new reviews on the Feasterville, Pennsylvania McDonald's that former President Trump visited on Sunday, following an influx of unusual comments describing the former President's criminal convictions, demeanor and customer service skills with mostly one-star reviews."The fries were too salty as if som ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

Group 1 - The core viewpoint is that Yelp (YELP) has a strong history of beating earnings estimates and is well-positioned for future earnings surprises [1] - In the last two quarters, Yelp has surpassed earnings estimates by an average of 267.39%, with a recent surprise of 134.78% for the latest quarter [1][2] - The Zacks Earnings ESP for Yelp is currently +3.54%, indicating a positive outlook for near-term earnings potential [3] Group 2 - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat for Yelp [3] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] - It is important for investors to check a company's Earnings ESP before quarterly releases to enhance the probability of success [4]

Investors interested in Internet - Content stocks are likely familiar with Yelp (YELP) and RELX PLC (RELX) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision t ...

Yelp Inc. (YELP) , a well-known online platform connecting consumers with local businesses, has seen its share price plunge 26.2% year to date (YTD). It has significantly underperformed both the broader tech sector and the S&P 500, which have shown gains despite global economic concerns.At the closing price of $34.91 on Sept. 27, Yelp currently trades near its 52-week low of $32.56 and nearly 29% lower than its 52-week high of $48.99. The stock’s underperformance can largely be attributed to growing global ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...