Yahoo Q1 Earnings Seen Slipping On Flat Sales

By | April 14, 2014

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Analysts expect Yahoo (YHOO) to report a 3% year-over-year decline in Q1 EPS on flat sales, as analysts mull whether CEO Marissa Mayer can restart growth at the lumbering Internet giant. RBC Capital Markets analyst Mark Mahaney remains a believer. “Recent history suggest that Internet turnarounds are multiyear processes built on improved products and execution,” Mahaney wrote in a research note Friday. He rates the stock outperform, or buy. Yahoo Scalper1 News

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