Company News: Yandex N.V. (YNDX) Q4 EPS miss analysts’ estimate

Market news

16 February 2017

Company News: Yandex N.V. (YNDX) Q4 EPS miss analysts’ estimate

Yandex N.V. reported Q4 FY 2016 earnings of RUB9.94 per share (versus RUB11.24 in Q4 FY 2015), missing analysts' consensus estimate of RUB11.00.

The company's quarterly revenues amounted to RUB22.119 bln (+22.2% y/y), beating analysts' consensus estimate of RUB20.843 bln.

The company also issued in-line guidance for FY 2017, projecting FY17 revenues of RUB88.0-90.3 bln (+16-19% y/y) versus analysts' consensus estimate of RUB89.27 bln.

YNDX rose to $23.42 (+1.21%) in pre-market trading.

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