Yahoo! (YHOO) Misses Q2 EPS by 1c

Needham & Company Reiterates Buy on Yahoo! (YHOO) Following 2Q Earnings

July 19, 2016 9:46 AM EDT

Needham & Company reiterated a Buy rating and $40.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. net revenue fell by 19%, while EPS fell 43%. Guidance for 3Q16 is for revenue of $840-$880mm and Adjusted EBITDA of $190-$220mm.

Analyst... More

Susquehanna Maintains Bullish Yahoo! (YHOO) View Following Q2 and Into Core Sale

July 19, 2016 8:48 AM EDT

Susquehanna analyst Shyam Patil retained a Positive rating and $44 price target on Yahoo! (NASDAQ: YHOO) following results as the sales process for the core appears in progress.

Patil commented, "We are positive on the SOTP story, as managements commentary seems... More

Macquarie Reiterates Outperform on Yahoo! (YHOO) Following 2Q Results

July 19, 2016 8:27 AM EDT

Macquarie reiterated an Outperform rating and $36.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Results were in-line with expectations. However, costs came in better that expected as the company now has 8,800 employees, down from almost 11,000 a year ago.

Analyst Ben Schachter... More

Yahoo! (YHOO) PT Bumped to $43 at UBS

July 19, 2016 8:25 AM EDT

UBS analyst Eric Sheridan reiterated a Buy rating and bumped his price target on Yahoo! (NASDAQ: YHOO) to $43.00 (from $42.00) following Q2 results and the awaited strategic alternatives update.

Sheridan commented, "In Q2, Yahoo continued to progress against its 2016 plan to focus... More

BMO Capital Raises Price Target on Yahoo! (YHOO) to $39 Following In-Line 2Q

July 19, 2016 8:03 AM EDT

BMO Capital reiterated a Market Perform rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $39.00 (from $38.00), following the company's 2Q earnings report. YHOO reported $841mm, in-line with the Street's estimates. Non-GAAP EPS of $0.09 was $0.01 below the Streets estimate.

Analyst Daniel... More

Pivotal Research Downgrades Yahoo! (YHOO) to Hold

July 19, 2016 7:07 AM EDT

Pivotal Research downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold with a price target of $41 (unchanged). Analyst Brian Wieser noted the stock is only 8% under his price target.

"Yahoo hosted its 2Q16 quarterly results call on Tuesday which featured relatively little... More

Mizuho Securities Remains Sidelined on Yahoo! (YHOO) Following 2Q Report

July 19, 2016 7:00 AM EDT

Mizuho Securities reiterated a Neutral rating and $38.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 2Q earnings report. Yahoo reported 2Q net revenue of $841m, in line with the Street's expectations. Non-GAAP EPS of $0.09 was a penny below the Street's $0.10.

Analyst Neil... More

Yahoo! (YHOO) Boosts FY16 adj.-Operating Income Outlook

July 18, 2016 5:14 PM EDT

Yahoo! (NASDAQ: YHOO) sees FY16 adjusted operating income of $175 - $275 million, up from $150 - $250 million previously, and Q3 adjusted EBITDA at $190 - $220 million. The Street sees operating income of $196 million and Q3 adjusted EBITDA of $195.6 million.

YHOO sees Q3 adjusted operating income of $65 - $95 million, with the consensus at $59 million.

... More

Yahoo reports lackluster results as sale looms

July 18, 2016 4:55 PM EDT

By Deborah M. Todd

(Reuters) - Yahoo Inc's (YHOO.O) quarterly earnings fell short of Wall Street expectations on Monday in what may be the company's last financial report before it sells its core business.

Yahoo reported adjusted earnings of 9 cents per share, short of the 10 cents that analysts expected. It also announced a $482 million write-down on the value of Tumblr, the social media service that it acquired in 2013 for $1.1 billion.

Yahoo is in the process of auctioning off its search and advertising business, and is expected to choose a winner this week. The company... More