All Things Digital

Skip to main content.

SEARCH
Voices

Voices

The Voices Feed

from other Web sites

Yahoo: Bernstein Cuts Target, Expects Weak Q3 Report

October 15, 2008
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

Yahoo (YHOO) reports Q3 results next Tuesday. Brace yourselves for something ugly.

Late Tuesday, Bernstein Research analyst Jeffrey Lindsay provided a pre-announcement update on the prospects for the quarter, and he is not optimistic. Lindsay is looking for revenue of $1.39 billion and pro forma profits of seven cents a share; that is a bit above the consensus at the top line, but two cents below the Street at the bottom line.

He notes that the Interactive Advertising Bureau last week released data that showed paid search grew 24 percent in Q2, compared to 17 percent for display ads, while classifieds and sponsorships fell 6 percent and overall ad spending rose 13 percent.

Read the rest of this post

Tagged: Yahoo, frontpage, , , , , , , | permalink
« Previous Post
Next Post »

Featured Voices Posts

Featured Video

Jackson vs Bean from Patrick Boivin on Vimeo.

View All Jobs | Post a Job Job Listings

A sponsored service from SimplyHired

Voices Posts by Date

About Voices

This is a section of the All Things Digital Web site featuring posts from around the Web, from other Dow Jones properties and also original pieces we solicit. The section is now explicitly labeled that it comes "from other Web sites."

We are fully aware of the controversies around how linking and aggregating is done on the Web and we, in no way, are attempting to "scrape" original content created by others. Instead, regarding third-party posts, we are trying to point readers of this site to other posts from around the Web that we admire and are trying to do so in the quickest manner possible.

The Internet is full of terrific content that is not ours and we want to help our readers find it by making editorial suggestions--Look, Mom, no algorithm!--of posts we think are worth their time.

That is why we have made even more changes to Voices to ensure we do this in the most transparent and timely way. While we don't expect that everyone will agree with our policies, we have made changes that reflect our intent in pointing to content outside our site.

So here is exactly what we do: Read more »

About the Site

Because the site is wholly owned by Dow Jones, publisher of The Wall Street Journal, we aim to adhere to the journalistic standards of the best of the mainstream media. But, because it is run autonomously as a small online startup, we aim to exhibit the fresh thinking and nimbleness of the best of the new media. We want to be first, and sassy, but also well sourced and accurate. We will offer lots of opinion and analysis, but plenty of fact as well.

Read more »