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YELP's second-quarter results reflect gains from the traction in advertising Services categories, driven by ad clicks, partially offset by softness in RR&O businesses.
While the top- and bottom-line numbers for Yelp (YELP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Yelp (YELP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago.
Yelp Inc. (NYSE:YELP ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Kate Krieger - Director, IR Jeremy Stoppelman - CEO David Schwarzbach - CFO Jed Nachman - COO Conference Call Participants Eric Sheridan - Goldman Sachs Cal Bartyzal - Craig-Hallum Capital Group Colin Sebastian - Baird Sergio Segura - KeyBanc Josh Beck - Raymond James Dion Lee - Evercore Georgia Anderson - Wolfe Research Operator Hello, and welcome to the Q2 2024 Yelp, Inc. Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Kate Krieger, Director, Investor Relations.
Back in 2004, Yelp's crowd-sourced business review platform helped create an era of commerce defined by at-your-fingertips convenience. That was then.
Besides Wall Street's top -and-bottom-line estimates for Yelp (YELP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Yelp (YELP) could produce exceptional returns because of its solid growth attributes.
Yelp (YELP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Investors need to pay close attention to Yelp (YELP) stock based on the movements in the options market lately.
Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform. A judge ruled Thursday (June 6) that Yelp can pursue these claims against ReviewVio, which does business as Dandy, Reuters reported Friday (June 7).