News.com: Yahoo earnings seen to be on track
IAR: Yahoo! Revises Estimates Upward, Reports Profit
News.com writes:
Wall Street analysts are expecting Yahoo to report its fourth consecutive profitable quarter Wednesday, fueled by improvements in its core online advertising business.
The Web portal is expected to post earnings of 6 cents a share on $273 million in revenue for the first quarter of 2003, according to First Call consensus estimates. Yahoo in January said it expected revenue to reach between $225 million and $275 million, and earnings before interest, taxes, depreciation and amortization to be between $60 million and $70 million for the first quarter.
