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Yahoo’s potential sale to take center stage during earnings

Yahoo Inc. YHOO, -0.38% is expected to report first-quarter earnings after the market’s close on Tuesday, the same week in which the company has set a deadline for potential suitors to bid on its core Internet business.

Here’s what to expect:

Earnings: Sell-side analysts surveyed by FactSet and contributors to Estimize, a software platform that uses crowdsourcing from hedge fund executives, brokerages and buy-side analysts to predict earnings, expect Yahoo to report adjusted earnings per share of 7 cents.

That would mark a significant decline compared with 15 cents in the year-earlier first quarter. Yahoo has missed the FactSet consensus estimate in three of the last five quarters.

Revenue: The company is expected to report revenue of around $847 million, versus $1.04 billion last year, according to the FactSet and Estimize...