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TheStreet: Yelp is a Takeover Target says Jim Cramer

June 1, 2023
in Trade Tube
Reading Time: 1 min read
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Yelp reports its second quarter results this week, but the company should really be focusing on M&A, says TheStreet’s Jim Cramer. Yelp is slated to post fiscal 2016 second-quarter results after Tuesday’s closing bell. Wall Street is looking for the San Francisco-based review service to report a loss of $0.07 a share on revenues of $169.82 million. In the 2015 second quarter, Yelp posted a loss of $0.02 a share and $133.91 million in revenue. The company expects 2016 revenues to be in the range of $690 million and $702 million, with earnings between $93 million and $105 million. Analysts project full-year revenue to be $699.05 million.

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