Wall Street is looking for the San Francisco-based review service to report a loss of 7 cents per share on revenues of $169.82 million.
In the 2015 second quarter, Yelp posted a loss of 2 cents per share and $133.91 million in revenue.
The company expects 2016 revenues to be in the range of $690 million and $702 million, with adjusted EBITDA between $93 million and $105 million. Analysts project full-year revenue to be $699.05 million.
Shares of Yelp were rising in late-afternoon trading on Friday.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate YELP INC as a Sell with a ratings score of D. 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 company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
You can view the full analysis from the report here: YELPYELP data by YCharts