Yelp Inc (NYSE:YELP) will be reporting its fiscal fourth quarter and full year 2013 earnings on Wednesday, February 5 after the bell. Analysts polled by Thomson Reuters expect the company to post a loss of 3 cents a share, compared to the loss of 6 cents in the same quarter last year. Yelp’s earnings have missed the Wall Street consensus three times over the past four quarters.
Yelp’s losses narrowing as revenues grow
Analysts expect the San Francisco-based company’s revenues to jump 63.4% YoY from $41.16 million to $67.26 million. Yelp Inc (NYSE:YELP)’s own revenue guidance stands at $66-$67 million, indicating 62% annual growth. For the full year 2013, analysts expect the company to incur a net loss of 15 cents on revenues of $229.64 million. Yelp had suffered a loss of 33 cents per share with $137.57 million in revenues in the same quarter last year.
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