What Analyst Projections for Key Metrics Reveal About Yelp (YELP) Q1 Earnings

Core Insights - Yelp (YELP) is expected to report quarterly earnings of $0.31 per share, a 55% increase year-over-year, with revenues projected at $352.02 million, reflecting a 5.8% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 2.8% over the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [3] Revenue Projections - Analysts project 'Net revenue- Advertising' to reach $335.97 million, a 5.8% increase from the previous year [5] - 'Net revenue- Other services' is expected to be $16.12 million, indicating a 6.6% year-over-year increase [5] - 'Net revenue- Advertising revenue- Services' is forecasted at $219.77 million, reflecting an 8.1% increase from the prior year [5] Advertising Metrics - 'Net revenue- Advertising revenue- Restaurants, Retail & Other' is estimated to be $115.50 million, a 1% increase year-over-year [6] - The consensus for 'Paying Advertising Locations' is 521.75 thousand, down from 530 thousand reported in the same quarter last year [6] - 'Paying Advertising Locations - Restaurants, Retail & Other' is estimated at 264 thousand, down from 278 thousand in the same quarter last year [7] - 'Paying Advertising Locations - Services' is projected to reach 256.67 thousand, slightly up from 252 thousand reported in the same quarter last year [7] Stock Performance - Over the past month, Yelp shares have decreased by 1.4%, while the Zacks S&P 500 composite has increased by 0.4% [8] - Yelp holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [8]