On Friday, YELP stock jumped following the release of the Yelp’s (NYSE:YELP) Q3 earnings. The shares surged 14.50% in today’s trading following a 7.9% dip in yesterday’s session.
Yelp’s Q3 Revenue Beats Analyst EstimatesThe company reported revenue of $262.47 million, up from $241.1 million in the third quarter last year, topping analysts’ estimates of $262.25 million. Adjusted earnings per share missed estimates after the company reported earnings of $0.14 per share below Wall Street’s average estimate of $0.19.
This third-quarter report shows a -26.32 earnings surprise compared to the previous quarter. In Q2, ...
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