NEW YORK (TheStreet) -- Shares of Yelp Inc. (YELP - Get Report) are higher by 6.38% to $73.91 in mid-morning trading on Wednesday, as the company prepares to release its 2014 second quarter earnings results after the close today.
Analysts polled by Bloomberg are expecting the business review website to report earnings per share of 10 cents, on revenue of $86.3 million.
These figures are much higher than what Yelp posted for the 2013 second quarter.
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Yelp's revenue for the comparable year ago quarter was $55 million, with a net loss of one cent per share. TheStreet Ratings team rates YELP INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation: "We rate YELP INC (YELP) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The area that we feel has been the company's primary weakness has been its disappointing return on equity."
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