Local business platform Yelp (NYSE:YELP) will be reporting earnings tomorrow after the bell. Here's what to look for.

Yelp met analysts' revenue expectations last quarter, reporting revenues of $342.4 million, up 10.8% year on year. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations and slow revenue growth.

Is Yelp a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Yelp's revenue to grow 6.7% year on year to $333.4 million, slowing from the 12.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.49 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Yelp has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 2.2% on average.

Looking at Yelp's peers in the social networking segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Snap delivered year-on-year revenue growth of 20.9%, beating analysts' expectations by 6.6%, and Pinterest reported revenues up 22.8%, topping estimates by 5.7%. Snap traded up 27.5% following the results while Pinterest was also up 20.8%.

Read our full analysis of Snap's results here and Pinterest's results here.

Investors in the social networking segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Yelp's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $46.4 (compared to the current share price of $40.69).

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