What to Expect: The pros are expecting a profit of 30 cents per share, which is a tad stronger than the year-ago earnings of 27 cents.
Why It Matters: It’s almost been one year to the day that Marissa Mayer was named CEO of Yahoo (YHOO). While one year might be too soon to write the final chapter on a new company chief, it’s not too soon to expect measurable results above and beyond what the company could have mustered with its prior chief executive.
Of particular interest will be the impact of all the young startups Mayer has acquired. Of the 17 companies Yahoo has bought in the past 12 months, six of them materialized before the beginning of Q2. That’s enough to at least start judging whether the new Yahoo is truly redefining the way people view and consume digital content, or if it’s simply buying a bunch of smaller companies and incorporating them into Yahoo’s web pages.