Thursday, October 23, 2014

Update: Yelp Reports Q314 Earnings


 Summary

  • Yelp reported Q314 earnings.
  • Stock is a solid buy on any dips.
  • The original investment thesis didn't anticipate the mixed guidance, but the stock remains on strong growth trajectory factoring in normal bumps in the road.
 After the close, Yelp (NYSE:YELP) reported Q314 earnings that easily beat company guidance and analyst estimates. The online consumer review site provided mixed Q4 guidance that disappointed the market, sending stock down as much as 15% in after hours.


 Read full article at Seeking Alpha.


 Disclosure: Long YELP. Please read the disclaimer page for more details.

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