LinkedIn recently has been adding more features and redesigning its website in an effort to give people a reason to visit more frequently and stick around longer. The company also has been rolling out more applications for smartphones and tablet computers to make it easier for members to connect when they are away from the home or office. Those efforts could help LinkedIn sell more online advertising. The company currently gets about two-thirds of revenues from the various fees it charges to mine the profiles and other data on its website.
WHY IT MATTERS: LinkedIn is playing an increasingly important role in the employment market as it changes the way that people find jobs and the way that employers fill them.
WHAT'S EXPECTED: Analysts are forecasting earnings of 11 cents per share on revenue of $244.6 million, according to a poll by FactSet. The earnings projection doesn't include the company's expenses for employee stock compensation.
LAST YEAR'S QUARTER: The company lost $1.6 million, or 2 cents per share, on revenue of $139 million. Profit would have been 6 cents per share if not for the costs of employee stock compensation and charges unrelated to its ongoing business.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV