Seeking Alpha

Yahoo misses by $0.01, misses on revenue

  • Yahoo (NASDAQ:YHOO): Q2 EPS of $0.37 misses by $0.01.
  • Revenue of $1.04B (-2.8% Y/Y) misses by $50M.
  • Shares -1.95% AH.
  • Press Release
Comments (19)
  • jmjjmj1
    , contributor
    Comments (169) | Send Message
     
    ...or up 2% AH, but whatever
    15 Jul 2014, 04:11 PM Reply Like
  • SA Editor Mohit Manghnani
    , contributor
    Comments (48) | Send Message
     
    jmjjmj1,
    There was big volume/movement in AH trading. The earnings post was at 16:06 ET, when Yahoo touched AH low of $34.58 (16:05 ET). In the following minutes, Yahoo touched an AH high of $36.89 (16:08 ET).
    Source: http://bit.ly/1ktxOO7

     

    Thanks
    SA Editor Mohit
    15 Jul 2014, 04:24 PM Reply Like
  • yblarrr
    , contributor
    Comments (957) | Send Message
     
    As usual SA gets it wrong. Up almost a 1.00 AH
    15 Jul 2014, 04:13 PM Reply Like
  • SA Editor Mohit Manghnani
    , contributor
    Comments (48) | Send Message
     
    There was big volume/movement in AH trading. The earnings post was at 16:06 ET, when Yahoo touched AH low of $34.58 (16:05 ET). In the following minutes, Yahoo touched an AH high of $36.89 (16:08 ET).
    Source: http://bit.ly/1ktxOO7

     

    Thanks
    SA Editor Mohit
    15 Jul 2014, 04:23 PM Reply Like
  • nedilwo
    , contributor
    Comments (65) | Send Message
     
    SA Editor: Thank you for being on top of it. And shame on the other commentators for being so quick to jump and criticize.
    15 Jul 2014, 04:29 PM Reply Like
  • Tomal
    , contributor
    Comments (1026) | Send Message
     
    arent these big movements suspicious ? Who does this? I have seen it with other stocks also.
    15 Jul 2014, 05:18 PM Reply Like
  • James Sands
    , contributor
    Comments (2257) | Send Message
     
    There is always a lag with earnings. Sometimes there are movements in opposite directions. SA got it right. It is best to wait until the later afternoon/early evening to get a sense of where things went....
    15 Jul 2014, 06:57 PM Reply Like
  • Rasna
    , contributor
    Comments (103) | Send Message
     
    Thin volume... After hours... It's not an accurate assessment of market behavior... 'Nuf said.
    15 Jul 2014, 08:34 PM Reply Like
  • Tomal
    , contributor
    Comments (1026) | Send Message
     
    We are pleased to announce today that we have entered into an amendment to the share repurchase agreement with Alibaba, reducing the number of shares that Yahoo is required to sell at the IPO from 208 million shares to 140 million shares.

     

    We would like to take this opportunity to let our investors know that we are committed to return at least half of the after-tax IPO proceeds to shareholders, in line with our overarching commitment to maximizing shareholder value through prudent capital allocation.
    15 Jul 2014, 04:20 PM Reply Like
  • SivBum
    , contributor
    Comments (1878) | Send Message
     
    1/2 to long suffering shareholders, the rest goes to buying social media startups like tumblr?
    15 Jul 2014, 04:27 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (809) | Send Message
     
    Tumblr was not worth 1 Billion.
    15 Jul 2014, 06:03 PM Reply Like
  • nedilwo
    , contributor
    Comments (65) | Send Message
     
    yblarr: SA was correct in the immediate AH. And you are correct at 4:07pm EDT (well almost it was up just under 1.00AH. The big news is that Yahoo is selling back fewer shares of Alibaba than originally announced - something $140mm versus $208mm. So, Yahoo! retains a larger stake in Alibaba than previously announced. Then, And, half of the proceeds will be returned to shareholders through a buy-back (if I caught the news correctly - still catching up.)

     

    Forward looking statement is weak. So Yahoo! is on a Yoyo at the moment.
    15 Jul 2014, 04:27 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (809) | Send Message
     
    We are talking about Alibaba as a proxy for Yahoo? Yahoo is backward looking.
    15 Jul 2014, 06:26 PM Reply Like
  • James Sands
    , contributor
    Comments (2257) | Send Message
     
    Exactly, so Yahoo recognized their poor results and to make investors confident states they'll keep more Alibaba??? Yahoo's core business is what investors need to think about long-term. Right now, not a whole lot is changing for the better...
    15 Jul 2014, 06:58 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (809) | Send Message
     
    This is not a surprise, I tend to look at Yahoo as a dying business.
    15 Jul 2014, 06:00 PM Reply Like
  • C.N
    , contributor
    Comments (209) | Send Message
     
    Yahoo sports does break some news, but rest of yahoo follows yahoo stock message boards.
    15 Jul 2014, 06:11 PM Reply Like
  • C.N
    , contributor
    Comments (209) | Send Message
     
    Adrian Wojanrowski(sp) in particular .
    15 Jul 2014, 06:14 PM Reply Like
  • thealct
    , contributor
    Comments (182) | Send Message
     
    2 yrs and your "disappointed" ? it's time to boot Marissa now !!!
    15 Jul 2014, 06:42 PM Reply Like
  • Kyle Spencer
    , contributor
    Comments (1171) | Send Message
     
    The real news is that Yahoo will get to keep more of Alibaba.
    15 Jul 2014, 06:46 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs