Yahoo Results Expected to Please


Officially, Yahoo! has forecast revenue will be between $295 million and $315 million, but most analysts have said they expect Yahoo! will take in more money than predicted. J.P. Morgan anticipates $317 million in revenue, while U.S. Bancorp Piper Jaffray anticipates over $320 million.

Meanwhile, shares of Yahoo rose to their highest level in nearly two-and-a-half years on Monday as analysts raised their earnings estimates in expectation.

Comments are closed.