Yahoo! Inc. (NASDAQ: YHOO), which has moved from approximately $14 in price to $16 in a blink of an eye in the last two trading days, prepares to report its results for the quarter. The shares had surged on rumors that Yahoo could be bought out by private equity firms.
Perhaps the company will dispel the rumors of its buyout or give clarification when it reports.
Yahoo! is expected to report $0.15 per share on Tuesday after the bell. Last quarter earnings also came in at $0.15 per share. revenue for the period is supposed to be $1.13 billion for this quarter, according to analysts.
No comments:
Post a Comment