New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2014
12:20 EDTLNKDEarnings Preview: LinkedIn shares down more than 15% since last earnings report
LinkedIn (LNKD) is expected to report fourth quarter earnings after the market close on Thursday, February 6 with a conference call scheduled for 5:00 pm ET. LinkedIn is a social networking website that connects more than 200M members that create, manage and share their professional identity. EXPECTATIONS: Analysts are looking for earnings per share of 38c on revenue of $437.84M. The consensus range is 27c-47c for EPS, and $420M-$472.72M for revenue, according to First Call. LAST QUARTER: LinkedIn reported Q3 adjusted EPS 39c against estimates of 32c on revenue of $393M against estimates of $385.4M. The company gave Q4 revenue guidance of $415M-$420M and said it expected Q4 adjusted EBITDA of $98M-$100M. It also raised its FY13 revenue guidance to $1.5B and raised its FY13 adjusted EBITDA to $346M. LinkedIn reported that membership surpassed 259M and added that mobile continues to be the "fastest" growing product. NEWS AND STREET RESEARCH: In the past quarter, ITG Research said the Q4 revenue was tracking at $437M-$442M in December. Cantor adds that the company's double digit growth is likely sustainable for several more years with room for meaningful margin improvement. LinkedIn was upgraded at BMO Capital, citing the company is expected to formally launch in China. BofA/Merrill, however, downgraded the company citing difficult usage comps through the first half of 2014, a lack of 2014 product drivers and expectations for Street estimates appear to have moved lower. Avondale views recent LinkedIn weakness as a buying opportunity and said worries about a decline in job postings are incorrect. PRICE ACTION: LinkedIn shares have lost more than 14% since the first day of trading following the company's Q3 report.
News For LNKD From The Last 14 Days
Check below for free stories on LNKD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 28, 2014
12:15 EDTLNKDLinkedIn management to meet with Piper Jaffray
Subscribe for More Information
August 26, 2014
11:48 EDTLNKDLinkedIn management to meet with Piper Jaffray
Subscribe for More Information
09:51 EDTLNKDOn The Fly: Analyst Initiation Summary
Cray (CRAY) initiated with a Buy at Stifel... Enphase Energy (ENPH) initiated with a Buy at Needham... FCB Financial (FCB) initiated with a Buy at UBS... FCB Financial initiated with an Overweight at JPMorgan... Goldman Sachs (GS) initiated with a Buy at MKM Partners... HealthEquity (HQY) initiated with a Neutral at RW Bair... Mobileye (MBLY) initiated with a Buy at Deutsche Bank... Mobileye initiated with a Neutral at Goldman... Mobileye initiated with a Neutral at RW Baird... Mobileye initiated with an Overweight at Barclays... RAIT Financial (RAS) initiated with an Outperform at JMP Securities... SunEdison (SUNE) initiated with an Outperform at FBR Capital... Mobileye initiated with an Outperform at Raymond James... Transocean Partners (RIG) initiated with an Overweight at Morgan Stanley... GT Advanced (GTAT) coverage resumed with an Overweight at Piper Jaffray... LinkedIn (LNKD) initiated with an Overweight at First Analysis... CSC (CSC) initiated with a Sector Perform at RBC Capital... United Natural Foods (UNFI) initiated with an Overweight at Stephens.
07:03 EDTLNKDLinkedIn initiated with an Overweight at First Analysis
Target $280.
August 21, 2014
16:46 EDTLNKDLinkedIn product head to leave company, effective October 3
Subscribe for More Information
August 20, 2014
08:01 EDTLNKDAd spending on LinkedIn reportedly rising, says Pacific Crest
Subscribe for More Information
August 19, 2014
10:32 EDTLNKDRumor: LinkedIn moves lower on speculation of a large investor short position

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use