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Yahoo Earnings: What to Watch

Yahoo Inc., in the midst of evaluating bids from possible acquirers, is expected to report first-quarter results after the close of trading Tuesday. Here’s what to watch for:

Earnings Forecast: Yahoo is expected to post earnings of 7 cents a share, according to a consensus of estimates compiled by Thomson Reuters. A year earlier, Yahoo earned 15 cents a share.

Revenue Forecast: Analysts expect revenue of $1.08 billion, down 12% from a year...