LinkedIn Corporation (LNKD) is expected to report Q1 earnings after market close (confirmed) on Thursday 04/28/2016. The company operates in the Internet Information Providers industry. LinkedIn Corp operates a social networking website used for professional networking. The Company’s website allows members to post a profile of their professional expertise and accomplishments.
EXPECTATIONS: Analysts are looking for earnings per share of $0.6 on revenue of $828.47M. The consensus range is $0.53-$0.75 for EPS on revenue of $810.60M-$869.00M. The company has registered average earnings per share beat rate of44.3.
LAST QUARTER: LinkedIn Corporation (LNKD) reported EPS of $0.94 for the Dec2015 quarter, topping the consensus estimate of $0.78. Revenue came in at $861.9M, which was above the consensus $857.35M projection. Looking back further, its revenue moved to $780.6M in the Sep2015 quarter from $712.7M in the Jun2015 quarter. The consensus estimate was of $755.95M and $680.07M, respectively.
PRICE ACTION: The stock recently moved to $118.91 and the average price target from Wall Street research analysts covering the stock is $164.28. The share price has dropped -55.1% from its peak and so far in this year fell -47.2%. It has a market capitalization of $15.70B with 2.85 million shares changing hands. During the day, the stock touched a high of $118.1 and low of $121.64. In one month, its share price added 8.02% and kept distance of 20.97% from worst level in 52 weeks.
LinkedIn Corporation (LNKD) on March 1, 2016 announced its inclusion as an inaugural member of the LinkedIn Talent Solutions Preferred Partner program. This new program recognizes SmartRecruiters as an advanced Talent Acquisition Platform that supports some of LinkedIn’s most important products, including the next generation of their flagship product, LinkedIn Recruiter, and their all-new LinkedIn Referrals product.
Lee Womer, Director of Business Development for LinkedIn (NYSE: LNKD), commented, “SmartRecruiters has done an impressive job of enabling deep integration into key LinkedIn Talent Solutions products. Their LinkedIn Recruiter integration is best in class and they were one of our first partners to enable LinkedIn Referrals. I’m therefore thrilled that they are an inaugural member of our Talent Solutions Preferred Partner program.”
Brett Queener, President and COO of SmartRecruiters, commented, “LinkedIn Talent Solutions are widely used by our 600 enterprise customers. They depend on us to get maximum value from those products, whether LinkedIn Recruiter, LinkedIn job postings or the new LinkedIn Referrals. We are therefore thrilled to deepen our partnership with LinkedIn through the new Talent Solutions Preferred Partner program.”