Yahoo! Earnings Preview: Boom Or Bust?

Yahoo! Inc. (NASDAQ:YHOO) is due to reveal its earnings for the second quarter of 2013 on Tuesday July 16 after the market closes. The market is optimistic given the surprise that the company recorded when it last announced earnings in April.

For the three months through June, analysts are looking for earnings of 30 cents per share from Yahoo! Inc. (NASDAQ:YHOO) on revenues of $1.1 billion. In the same three months of 2012, Yahoo earned 27 cents on revenue of $1.1 billion. Business appears to be looking good for Yahoo as the company cuts costs and...