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Is Yelp (YELP) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-07-30 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...
Yelp (YELP) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-25 15:07
Wall Street expects a year-over-year increase in earnings on higher revenues when Yelp (YELP) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower ...
Why Yelp (YELP) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-24 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed alongsi ...
Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad' Reviews
PYMNTS.com· 2024-06-07 23:36
Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform.A judge ruled Thursday (June 6) that Yelp can pursue these claims against ReviewVio, which does business as Dandy, Reuters reported Friday (June 7).Yelp said its reputation was harmed by ReviewVio’s ads that included the Yelp logo and suggested that businesses could pay to artificially inflate their ratings on the business review website, according ...
Yelp: Be Patient For This Stock To Unlock Its Value
seekingalpha.com· 2024-05-21 09:07
Michael Vi Yelp (NYSE:YELP) has had a tough run this year. Amid sharp market rallies across sectors, the restaurant and local business reviews site has shed nearly 20% of its market value, as investors chased riskier and higher-growth stocks and shied away from potential value traps. Though commonly perceived as one, Yelp, in my view, is not what I'd consider a value trap. Value traps are cheap stocks that have neither catalysts for growth nor solutions to tough predicaments they sit in at the moment - ...
Yelp(YELP) - 2024 Q1 - Quarterly Report
2024-05-10 21:01
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 Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...
YELP Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
Zacks Investment Research· 2024-05-10 16:35
Yelp Inc. (YELP) reported first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The top and bottom lines marked a significant year-over-year improvement.The company reported first-quarter earnings of 20 cents per share, which beat the Zacks Consensus Estimate of 4 cents. The company incurred a loss of 2 cents per share in the year-ago quarter. The year-over-year improvement in net income was due to the company's efforts in generating profit.Yelp’s reven ...
Yelp(YELP) - 2024 Q1 - Earnings Call Transcript
2024-05-10 01:03
Yelp, Inc. (NYSE:YELP) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Josh Willis - Investor Relations Jeremy Stoppelman - Co-founder and Chief Executive Officer David Schwarzbach - Chief Financial Officer Jed Nachman - Chief Operating Officer Conference Call Participants Eric Sheridan - Goldman Sachs Sergio Segura - KeyBanc John Colantuoni - Jefferies Kishan Patel - Raymond James Operator Good afternoon. My name is Brianna, and I will be your conference operator today. At this ...
Here's What Key Metrics Tell Us About Yelp (YELP) Q1 Earnings
Zacks Investment Research· 2024-05-09 23:31
For the quarter ended March 2024, Yelp (YELP) reported revenue of $332.75 million, up 6.5% over the same period last year. EPS came in at $0.20, compared to $0.02 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $333.66 million, representing a surprise of -0.27%. The company delivered an EPS surprise of +400.00%, with the consensus EPS estimate being $0.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Yelp(YELP) - 2024 Q1 - Quarterly Results
2024-05-09 20:07
EXHIBIT 99.1 Investments in Services Drove Yelp's First Quarter 2024 Results Net Revenue increased by 7% year over year to $333 million Net Income increased from the prior year to $14 million, reflecting a 4% margin Adjusted EBITDA grew 19% year over year to $64 million SAN FRANCISCO--(BUSINESS WIRE)-- May 9, 2024-- Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the first quarter ended March 31, 2024 in the Q1 2024 Sha ...