Yelp (YELP) Tops Q4 EPS by 24c

Yelp (NYSE: YELP) reported Q4 EPS of $0.27, $0.24 better than the analyst estimate of $0.03. Revenue for the quarter came in at $194.5 million versus the consensus estimate of $194.49 million.

"We had an outstanding year, growing local revenue by 39%," said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. "I am extremely proud of how Yelp has become deeply integrated into consumers’ daily habits and increasingly essential to local business owners. In 2017, we look forward to increasing engagement on the app, expanding transactions and broadening our sales strategy."

GUIDANCE:

Yelp sees Q1 2017 revenue of $195-199 million, versus the consensus of $204.4 million.

Sees FY 2017 revenues of $880-900 million, versus the consensus of $895.33 million.

For earnings history and earnings-related data on Yelp (YELP) click here.

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