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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
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November 18, 2014
07:57 EDTLNKDFacebook At Work unlikely to impact LinkedIn, says Wunderlich
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07:36 EDTLNKDUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
November 17, 2014
12:42 EDTLNKDProfessional network operators slide following report on 'Facebook at Work'
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07:52 EDTLNKDLinkedin volatility low into 'Facebook at Work' website report
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06:23 EDTLNKDFacebook working on 'Facebook at Work' website, FT reports
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November 13, 2014
07:38 EDTLNKDBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
November 10, 2014
07:11 EDTLNKDOpen Mobile Media to hold a summit
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