Company News: Yandex N.V. (YNDX) quarterly earnings beat analysts’ expectations

Market news

15 February 2018

Company News: Yandex N.V. (YNDX) quarterly earnings beat analysts’ expectations

Yandex N.V. (YNDX) reported Q4 FY 2017 earnings of RUB15.79 per share (versus RUB9.94 in Q4 FY 2016), beating analysts' consensus estimate of RUB14.50.

The company's quarterly revenues amounted to RUB27.860 bln (+26.0% y/y), generally in-line with analysts' consensus estimate of RUB27.576 bln.

YNDX rose to $42.00 (+8.00%) in pre-market trading.

U.S.: NY Fed Empire State manufacturing index , February 13.10 (forecast 17.5)

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