Yelp (YELP) Q4 Earnings and Revenues Surpass Estimates

Core Insights - Yelp reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and up from $0.37 per share a year ago, representing an earnings surprise of 21.57% [1] - The company generated revenues of $361.95 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.20% and increasing from $342.38 million year-over-year [2] - Yelp has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The immediate price movement of Yelp's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $348.35 million, while for the current fiscal year, the estimate is $2.28 on revenues of $1.48 billion [7] Industry Context - The Internet - Content industry, to which Yelp belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]