Yelp (YELP) Q1 Earnings and Revenues Beat Estimates

Core Insights - Yelp reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, and showing an increase from $0.20 per share a year ago, representing an earnings surprise of 16.13% [1] - The company generated revenues of $358.53 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.85% and increasing from $332.75 million year-over-year [2] - Yelp has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Financial Performance - The earnings surprise for the previous quarter was 21.57%, with actual earnings of $0.62 per share compared to an expected $0.51 [1] - The current consensus EPS estimate for the upcoming quarter is $0.55, with projected revenues of $371.85 million, and for the current fiscal year, the estimate is $2.15 on revenues of $1.47 billion [7] Market Position - Yelp shares have declined approximately 8.2% since the beginning of the year, while the S&P 500 has decreased by 4.3% [3] - The Zacks Industry Rank places the Internet - Content sector in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Future Outlook - The sustainability of Yelp's stock price movement will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current estimate revisions trend for Yelp is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]