Yahoo! (YHOO) Sees Q2 Rev. of $1.05-$1.09B
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Mizuho Securities Raises Price Target on Yahoo! (YHOO) to $38 Following 1Q Results
April 20, 2016 7:04 AM EDTMizuho Securities reiterates a Neutral rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $38.00 (from $37.00), following the company's 1Q earnings report. Yahoo generated net revenues of $859m and EBITDA of $147m, ahead of the Street's expectations of $846m in net... More
Yahoo! (YHOO) PT Raised to $44 at Susquehanna
April 20, 2016 6:23 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and boosted its price target on Yahoo! (NASDAQ: YHOO) to $44.00 (from $40.00) following Q1 results, saying the call should be enough to keep the momentum going.
Patil commented, "Managements emphasis on strategic priorities, rapid... More
Yahoo results edge past estimates in good sign for sale of business
April 19, 2016 4:13 PM EDTBy Deborah M. Todd
San Francisco (Reuters) - Yahoo Inc's first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its core business.
Under pressure from activist shareholder Starboard Value LP and others, Yahoo has ramped up a sale of its media, email and other web businesses. Yahoo's overall fortunes have failed to revive under Chief Executive Marissa Mayer, although she points to good results in key areas including social media.
Mayer in a call with analysts drilled the... More
Yahoo! (YHOO) Tops Q1 EPS by 1c
April 19, 2016 4:07 PM EDTYahoo! (NASDAQ: YHOO) reported Q1 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Ex-tac revenue for the quarter came in at $859.4 billion versus the consensus estimate of $846.5 billion. GAAP revenue came in at $1.09 billion vs consensus of $1.08 billion.
Im pleased... More
