Yelp, Inc. (YELP):
Information Technology – Internet Software & Software | Reports August 3rd, AMC.
The Estimize consensus calls for EPS of -$0.01, one cent higher than the Wall Street consensus and a decrease of 300% YoY. Currently, the Estimize community is looking for sales of $206.48M, which is roughly inline with the Street ($205.15M). Check out the Estimize website to see our predictions for Local Advertising Revenue and Local Advertising Accounts.
Yelp has been posting increasing revenue since quarter two of 2015 and looks to continue this streak. However, this streak has been trending with smaller and smaller revenue increases quarter to quarter. With local advertising accounting for about 71% of the company’s revenue, they seem to be struggling with growing, and keeping their paying customer base. This struggle could be from the large competitors in this space which include Alphabet (GOOGL) and Priceline (PCLN).
Information Technology – Software | Reports August 3rd, AMC.
The Estimize consensus calls for EPS of $.35, five cents higher than the Wall Street consensus, however a decrease of 35% YoY. Currently, the Estimize community is looking at revenue of $1.27B, which is slightly more optimistic than the Street ($1.21B). Check out the Estimize website to see our prediction for Monthly Active Users.
The videogame maker reports Q2 earnings tomorrow, and investors are not expecting much due to lack of new titles. The one highlight there was from this quarter was the “Call of Duty: Black Ops III” DLC. This was in addition to the numerous other updates to older games to keep user engaged, until new games hit the shelves. Also, the game “Overwatch” saw an uptick in MAUs which was attributed to the new updates. Investors and gamers alike are looking to November when the new “Call of Duty” comes out which already has tons of people talking.
Article by Estimize