As it turned out in hindsight, the value of those assets have been recognized by the market and investors are now putting a 12X PE on the very same earnings that two years earlier they were only willing to pay 5X for. (investing501.com)
«Maybe investors have simply decided they should pay more for the same earnings numbers, giving us the gift of multiple expansion,» he said. (cnbc.com)
Yelp noted that over the same earnings period, roughly 40 percent of its ads were displayed on mobile devices, underscoring the evolving ways consumers search for businesses and things to do on the fly instead of planning ahead before leaving home. (entrepreneur.com)