Financial Results, Appointments, and Upcoming Conference Calls - Research Reports on Yelp, Vantiv, Discovery, Vistaprint and Perrigo
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NEW YORK, November 4, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Yelp, Inc. (NYSE: YELP), Vantiv, Inc. (NYSE: VNTV), Discovery Communications, Inc. (NASDAQ: DISCA), Vistaprint N.V. (NASDAQ: VPRT) and Perrigo Company Plc (NYSE: PRGO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7669-100free.
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Yelp, Inc. Research Reports
On October 22, 2014, Yelp, Inc. (Yelp) announced its Q3 2014 financial results. Net revenue was reported at $102.5 million, up 67.5% YoY. Average monthly unique visitors grew 19% YoY to approximately 139 million. Net income came in at $3.6 million, or $0.05 per diluted share, compared to a net loss of $2.3 million, or $0.04 per diluted share, in Q3 2013. Jeremy Stoppelman, CEO, Yelp, said, "We had an outstanding quarter driven by strong execution across all areas of our business. Supporting the Yelp community and providing an excellent consumer experience continue to be our top priorities." For Q4 2014, the Company anticipates net revenue to be in the range of $107 million to $108 million. Analysts polled by Thomson Reuters expected Q4 2014 revenues at $111 million, on average. Shares of the Company plunged 18.6% to $57.17 in the next trading session, and continue to remain under pressure. The full research reports on Yelp are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/YELP/report.pdf
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Vantiv, Inc. Research Reports
On October 30, 2014, Vantiv, Inc. (Vantiv) announced its Q3 2014 earnings. Net revenue stood at $380.5 million, up 29.3% YoY. Merchant Services net revenue increased to $297.7 million, as compared to $209.7 million in Q3 2013. Net income attributable to Vantiv was $30.0 million or $0.20 per diluted share, versus $35.7 million or $0.24 per diluted share in Q3 2013. Charles Drucker, President and CEO at Vantiv said, "This was a strong quarter. We are assembling strategic assets and technology capabilities to expand into high growth areas of the market, and our performance this quarter shows that our strategy is working. The payments industry is changing rapidly, and we have positioned Vantiv as a leader in the future of payments." For Q4 2014, Vantiv expects net revenue to be $394 million to $400 million, representing growth of 28% to 30% YoY, while net income per share is expected to be $0.21 to $0.24. The full research reports on Vantiv are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/VNTV/report.pdf
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Discovery Communications, Inc. Research Reports
On October 28, 2014, Discovery Communications, Inc. (Discovery) announced the appointment of Rich Ross as President, the Discovery Channel. According to Discovery, Ross will join the Company in January 2015 and will report to David Zaslav, President and CEO of Discovery. In his new role Ross will be responsible for creative and brand strategy, development, production, marketing and all day-to-day operations for the network. Prior to his new appointment at Discovery, Ross served as the CEO with Shine America, since 2013. Commenting on Ross' appointment, Zaslav said, "On top of being just a great guy, Rich also is mission driven, with a commitment to quality, blue-chip programming and is a terrific fit with Discovery. I am confident that with his experience, relationships and creative leadership, Rich can lead Discovery to its next great chapter in innovative, groundbreaking television." The full research reports on Discovery are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/DISCA/report.pdf
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Vistaprint N.V. Research Reports
On October 29, 2014, Vistaprint N.V. (Vistaprint) announced its Q1 FY 2015 (period ended September 30, 2014) financial results, which came ahead of analyst expectations. Revenue for the quarter was $333.9 million, compared to $275.1 million in Q1 FY 2014. Net income was reported at $23.7 million, or $0.71 per diluted share, compared to $0.4 million or $0.01 in Q1 FY 2014. Excluding one-time items, adjusted earnings for the reported quarter were 75 cents per share - way above the Zacks Consensus Estimate of 45 cents. Robert Keane, President and CEO said, "We are off to a good start to fiscal 2015 and remain confident in our strategy and our ability to execute operationally. Quarterly revenue was in line with our expectations for improved growth in our Vistaprint brand and strong growth from recent acquisitions. Profitability, operating cash flow and free cash flow were also strong." For FY 2015, the Company expects revenue of approximately $1.43 billion to $1.50 billion, and net income per diluted share of approximately $2.24 to $2.74. The full research reports on Vistaprint are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/VPRT/report.pdf
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Perrigo Company Plc Research Reports
On October 23, 2014, Perrigo Company Plc (Perrigo) announced that it will release its Q1 FY 2015 financial results on November 6, 2014 at approximately 8:00 a.m. ET. Perrigo informed that it will also conduct a conference call at 10:00 a.m. ET, the same day, which will be hosted by its Chairman, President and CEO Joseph C. Papa. As per Zacks Investment Research data, the consensus EPS estimate for the quarter is $1.45. The full research reports on Perrigo are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/PRGO/report.pdf
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