Yahoo!, Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Yahoo!, Inc. (NASDAQ:YHOO) will unveil its latest earnings on Tuesday, October 18, 2011. 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 17 cents per share, no change from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 19 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 17 cents during the last month. For the year, analysts are projecting net income of 74 cents per share, a rise of 1.4% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by one cent, coming in at profit of 19 cents a share versus the estimate of net income of 18 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 4.5% in revenue from the year-earlier quarter to $1.07 billion.

Analyst Ratings: Analysts seem relatively indifferent about Yahoo with 14 of 25 analysts surveyed maintaining a hold rating.

A Look Back: In the second quarter, profit rose 11.1% to $237 million (18 cents a share) from $213.3 million (15 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 23.3% to $1.23 billion from $1.6 billion.

Key Stats:

Revenue has fallen for the past three quarters. Revenue fell 24% in first quarter from the year earlier and 11.9% in the fourth quarter of the last fiscal year.

The increase in profit in the second quarter came after net income fell in the previous quarter. In the first quarter, net income fell 28.1%.

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 August 16, 2011 to October 12, 2011, the stock price had risen $2.29 (17%) from $13.48 to $15.77. 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. Shares are down 86 cents (-5.2%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.