Yahoo! Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Yahoo!, Inc. (NASDAQ:YHOO) will unveil its latest earnings on Tuesday, January 24, 2012. Yahoo is a digital media company that delivers personalized digital content and experiences across devices worldwide.

Yahoo!, Inc. Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 24 cents per share, a decline of 7.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 23 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 24 cents during the last month. Analysts are projecting profit to rise by 9.6% versus last year to 80 cents.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 21 cents per share against a mean estimate of profit of 17 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 1.7% in revenue from the year-earlier quarter to $1.19 billion.

Analyst Ratings: Analysts seem relatively indifferent about Yahoo with 16 of 26 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 26% to $293.3 million (23 cents a share) from $396.1 million (29 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 24% to $1.22 billion from $1.6 billion.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 23.3% in the second quarter from the year earlier, dropped 24% in first quarter from the year-ago quarter and 11.9% in the fourth quarter of the last fiscal year.

The decrease in profit in the third quarter came after net income rose in the previous quarter. In the second quarter, net income rose 11.1%.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), AOL, Inc. (NYSE:AOL), IAC/InterActiveCorp (NASDAQ:IACI), Rediff.com India Ltd. (NASDAQ:REDF), Sohu.com Inc. (NASDAQ:SOHU), Baidu.com, Inc. (NASDAQ:BIDU), InfoSpace, Inc. (NASDAQ:INSP), Intl. Business Machines Corp. (NYSE:IBM), and Demand Media Inc (NYSE:DMD).

Stock Price Performance: During December 16, 2011 to January 18, 2012, the stock price had risen 96 cents (6.4%) from $14.96 to $15.92. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 17, 2011 when shares rose for seven-straight days, rising 8.2% (+$1.34) over that span. It saw one of its worst periods between May 6, 2011 and May 16, 2011 when shares fell for seven-straight days, falling 15.2% (-$2.84) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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