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Yandex NV's 2020, and Q1 Estimates Reduced but 2021 Earnings Forecast Raised

5:15PM ET 4/08/2020 MT Newswires
Yandex NV's (NASDAQ:YNDX, Recent Price: 33.87) forecasted earnings estimates for Q1 ending March 31, 2020, and the full year expectations for 2020 and 2021 have been revised. The Q1 earnings estimate has been decreased to $0.31 per share down from the previous consensus estimate of $0.43 per share as has the full year estimate for 2020, which has been reduced to $1.29 per share from the previous consensus estimate of $1.35 per share. In contrast, the full year 2021 estimate has been raised from $1.86 per share to $1.87 per share. This consensus estimate is based on 3 estimates used to calculate the Q1 forecast and 10 and 9 published estimates incorporated in the respective full year forecasts for 2020 and 2021.