Yext Q3 Earnings Surpass Estimates, Revenue Misses Expectations

Yext (YEXT) reported Q3 earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. Revenues were $112 million, missing the consensus estimate by 0.72%. The company has surpassed consensus EPS estimates two times over the last four quarters. Yext shares have added about 39.5% since the beginning of the year, outperforming the S&P 500's gain of 16.8%. The stock has a Zacks Rank #3 (Hold) and is expected to perform in line with the market in the near future.