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Benzinga

Business

Henry Khederian

EXPLAINED: Why yelp shares are rising | Vintage Vibes

Yelp NYSE Yelp Inc

Yelp Inc (NYSE:YELP) shares are trading higher by 6.4% at $36.72 Friday morning after the company reported better-than-expected fourth-quarter EPS and sales results and issued FY22 net sales guidance.

Yelp reported quarterly earnings of 30 cents per share which beat the analyst consensus estimate of 14 cents by 114.29 percent. The company reported quarterly sales of $273.40 million which beat the analyst consensus estimate of $272.11 million.

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