It’s that time of the year where companies across the globe are reporting on their Q4 FY20. One such is Russia horizontal, Yandex N.V., the parent company of Auto.ru, Yandex.Realty and Yandex.Jobs, which saw a revenue uptick of 7%. The company also reported that its adjusted earnings for the same period are $0.23 per share, while Zacks Consensus Estimate was projected at a loss of $0.04 per share. In fact, the figure dropped 14.8% and 8%, year-over-year.
Highlights of the report include:
Other company financial reports compared to Yandex put the Russian horizontal in the middle. Scout24 reported revenue growth of 1.2%, and Adevinta’s Q4 results show its revenue is down 2%. Japanese company Lifull has already reported its Q1 results, saying its revenue is down 10%.