LinkedIn Corp Third Quarter Earnings Sneak Peek

LinkedIn Corporation (NYSE:LNKD) will unveil its latest earnings on Thursday, November 3, 2011. LinkedIn is a website that allows registered users to build an online profile and communicate with members of their professional network. .

LinkedIn Corporation Earnings Preview Cheat Sheet

During the past three months, the average estimate has moved up from a loss of 5 cents. Between one and three months ago, the average estimate moved up. It has dropped from a loss of 3 cents during the last month. For the year, analysts are projecting profit of 3 cents per share, a decline of 82.4% from last year.

Past Earnings Performance: The company beat estimates last quarter by reporting net income of 5 cents per share against a mean estimate of net loss of 4 cents.

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

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Pandora Media Inc (NYSE:P), Yahoo! Inc. (NASDAQ:YHOO), Zillow Inc (NASDAQ:Z), Monster Worldwide, Inc. (NYSE:MWW), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), News Corporation (NASDAQ:NWSA), and Morgan Stanley (NYSE:MS).

Stock Price Performance: During September 30, 2011 to October 28, 2011, the stock price had risen $15.85 (20.3%) from $78.08 to $93.93. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six-straight days, rising 6% (+$4.93) over that span. It saw one of its worst periods between September 16, 2011 and September 23, 2011 when shares fell for six-straight days, falling 14% (-$12.26) over that span.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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