Another Social Media Company Gives Terrible Q2 Guidance

After the closing bell on Wednesday, Yelp followed suit with its social media peers by reporting disappointing first quarter earnings.

After the closing bell on Wednesday Yelp followed suit with its social media peers by reporting disappointing first quarter earnings. This has been a rough quarter for online ad sellers, we’ve already seen Facebook (FB), Google (GOOG), Twitter (TWTR), and Yahoo (YHOO) miss the Estimize consensus. Aside from coming up 4 cents short against the Estimize EPS consensus, Yelp also posted soft guidance for next quarter. The chart above says it all.

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