Yahoo Reports Fourth Quarter and Full Year 2016 Results
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January 24, 2017 7:10 AM EST
Jefferies reiterated a Hold rating and $48.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 4Q earnings report.
Analyst Brian Fitzgerald commented, "Yahoo! core turned in a good quarter as it continues to ready itself to be acquired by Verizon.... More
January 23, 2017 4:17 PM EST
Yahoo! (NASDAQ: YHOO) has continued to work with Verizon (NYSE: VZ) on integration planning for the sale of its core business. In terms of timing, Yahoo had previously stated that it expected to close the transaction in Q1.... More
January 23, 2017 4:15 PM EST
Yahoo! (NASDAQ: YHOO) reported Q4 EPS of $0.25, $0.04 better than the analyst estimate of $0.21. Revenue for the quarter came in at $960.1 million versus the consensus estimate of $907.9 million.
Yahoo has continued to work with Verizon on integration planning for the sale of its core business. In terms of timing, Yahoo had previously stated that it expected to close the transaction in Q1. However, given work required to meet... More
