203 posts and columns on analyst
News Bytedancing purple exclamation points.) Wall Street analysts are expecting a meh quarter from the Silicon Valley Internet giant, with a drop in revenue compared to a year ago and worries about Yahoo’s key display advertising business. (Update: I had forgotten, but Netflix will also do so, although it will be a discussion, and not until later this month.)
News Byteafter Bank of America/Merrill Lynch said it was more optimistic about the company’s performance and investors’ increased appetite for public companies with developing businesses models. The company is expecting earnings of up to $162 million before some expenses on quarterly bookings of up to $1.1 billion.