Did Reachlocal and These Stocks Miss or Beat Analyst Expectations?
ReachLocal, Inc. (NASDAQ:RLOC) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased to $-0.01 in the quarter versus EPS of $0.01 in the year-earlier quarter. Revenue Rose 13.27% to $127.1 million from the year-earlier quarter.
ReachLocal, Inc. reported adjusted EPS loss of $0.01 per share. By that measure, the company beat the mean analyst estimate of $-0.03. It beat the average revenue estimate of $124.87 million.