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To: GST who wrote (137079)1/15/2002 3:47:01 PM
From: H James Morris  Read Replies (2) | Respond to of 164685
 
Gst, there's a post back here when Billy was telling you about Yhoo's 50% growth a week before it went into a tailspin, and you were clueless.

>>For its part, Yahoo is expected to earn 1 cent a share on revenue of $170 million. In the same period a year ago, the Santa Clara, Calif.-based company made 13 cents a share on revenue of $311 million.

In full-year terms, profits should total 5 cents a share, down from 48 cents in 2000. Annual revenue is expected to come in at $699 million, vs. $1.1 billion in the year-ago period.

While meeting the earnings target is always a test in the quarterly report, it also gives investors a clue about what to expect next. And with the recent run-up in stock prices, can the earnings projections rise enough to come more into line with current valuations?

Recall that back in January 2001, Yahoo was expected to earn 57 cents for all of 2001. But after Yahoo issued results that month, analysts' consensus estimate dropped to 36 cents. By March, the target had dropped further to 7 cents.

This year, Yahoo is expected to earn 9 cents a share on sales of $737 million, according to Thomson Financial/First Call. It's expected to earn 1 cent a share in the current quarter on revenue of $163 million.