LinkedIn Corp First Quarter Earnings Sneak Peek

LinkedIn Corporation (NYSE:LNKD) will unveil its latest earnings on Thursday, May 3, 2012. LinkedIn is a professional network on the Internet with more than 90 million members in over 200 countries and territories.

LinkedIn Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 2 cents per share, no change from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from one cent during the last month. For the year, analysts are projecting profit of 24 cents per share, a rise of 84.6% from last year.

Past Earnings Performance: Last quarter, the company reported net income of 6 cents per share versus a mean estimate of net loss of. The company has beaten estimates for the past three quarters.

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Analyst Ratings: Analysts seem relatively indifferent about LinkedIn with 10 of 19 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 30.1% to $6.9 million (6 cents a share) from $5.3 million (13 cents a share) the year earlier, exceeding analyst expectations. Revenue rose more than twofold to $167.7 million from $81.7 million.

Key Stats:

The company raised its gross margin by 3.8 percentage points in the in the fourth quarter of the last fiscal year. Revenue rose 105.3% while cost of sales rose 62.8% to $24.2 million from a year earlier.

Stock Price Performance: Between February 1, 2012 and April 27, 2012, the stock price rose $37.35 (51.6%), from $72.37 to $109.72. The stock price saw one of its best stretches over the last year between January 9, 2012 and January 19, 2012, when shares rose for eight straight days, increasing 16.4% (+$10.45) over that span. It saw one of its worst periods between November 17, 2011 and November 29, 2011 when shares fell for eight straight days, dropping 21.2% (-$15.85) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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