• Company News: Yandex N.V. (YNDX) quarterly earnings miss analysts’ forecasts

Notícias do Mercado

14 fevereiro 2020

Company News: Yandex N.V. (YNDX) quarterly earnings miss analysts’ forecasts

Yandex N.V. (YNDX) reported Q4 FY 2019 earnings of RUB16.06 per share (versus RUB20.95 per share in Q4 FY 2018), missing analysts' consensus estimate of RUB23.31 per share.

The company's quarterly revenues amounted to RUB51.696 bln (+33.1% y/y), roughly in line with analysts' consensus estimate of RUB51.821 bln.

The company also issued download guidance for FY 2020, projecting revenues of RUB214-221 bln versus analysts' consensus estimate of RUB228.58 bln.

YNDX fell to $46.80 (-3.74%) in pre-market trading.

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