Yahoo! is out with its second quarter results on Monday after the close. Analysts are looking for the internet outfit to earn 10 cents on sales of $1.08 billion. Last year, Yahoo! earned 16 cents on sales of $1.24 billion in its first quarter. Outside the top and bottom line results, Wall Street analysts will be focusing on the progress with Yahoo!’s strategic alternatives which CEO Marissa Mayer said was a “top priority” for Yahoo!’s Board of Directors at Yahoo!’s annual shareholder meeting. The final selection process will reportedly take place next week and some of the reported bidders include Dan Gilbert of Quicken Loans group, Verizon, TPG, Advent International, Vista Equity Partners, and AT&T.
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