Yahoo Reports First Quarter 2017 Results

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Yahoo! (YHOO) PT Raised to $57 at Oppenheimer

April 19, 2017 10:03 AM EDT

Oppenheimer raised its price target on Yahoo! (NASDAQ: YHOO) to $57.00 (from $52.00) while maintaining a Outperform rating. YHOO reported EPS of $0.10, ahead of the Street by $0.05. 2017 estimates remain unchanged.

Oppenheimer is not revising the calculation of SOTP; however, the appreciation in BABA shares increases the price target from $52 to $57.

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Yahoo! (YHOO) Tops Q1 EPS by 4c

April 18, 2017 4:06 PM EDT

Yahoo! (NASDAQ: YHOO) reported Q1 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter ex-TAC came in at $674 million versus the consensus estimate of $665.7 million.

Our Q1 performance reflects solid financial and operational execution in the new year, with more than... More