IB Net Payout Yields Model

Yahoo: Ignore The Headlines, The Q3 '14 Results Were Bad


 Summary

  • Yahoo reported Q314 numbers that generally beat estimates based on non-repeating items.

  • Operations continue to show negative trends.

  • A big jump in earnings from equity interests provided all of the upside that will drop going forward with the reduced investment in Alibaba.
 After Yahoo (NASDAQ:YHOO) released Q314 earnings, most of the financial media outlets reported that the company smashed analyst estimates. The online media company flush with cash from selling Alibaba (NYSE:BABA) stock at the recent IPO is still struggling with operations despite the headlines. The media latched onto the non-GAAP earnings of $0.52, but seemingly missed that the results were highly influenced by gains in equity interests. The continued decline in the daily operations should garner more focus considering investors were already well aware of the strong numbers from Alibaba.

 Read full article at Seeking Alpha.


 Disclosure: No positions mentioned. Please read the disclaimer page for more details.

Comments

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments