Market Overview

Another Social Media Company Gives Terrible Q2 Guidance (In 1 Chart)

Share:
Related YELP
10 Stocks That Rallied Three Days On Increasing Volume
'Trump And Dump' Scenarios As The Post-Election Rally Fades

After the closing bell on Wednesday, Yelp Inc (NYSE: YELP) followed suit with its social media peers by reporting disappointing first quarter earnings.

This has been a rough quarter for online ad sellers, we've already seen Facebook Inc (NASDAQ: FB), Google Inc (NASDAQ: GOOG), Twitter Inc (NASDAQ: TWTR), and Yahoo! Inc (NASDAQ: YHOO) miss the Estimize consensus.

Aside from coming up 4 cents short against the Estimize EPS consensus, Yelp also posted soft guidance for next quarter. The chart above says it all.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: yelp guidanceEarnings News Tech

 

Related Articles (GOOG + FB)

View Comments and Join the Discussion!