Stocks to Watch: LinkedIn, Coinstar, AOL
NEW YORK -- LinkedIn (LNKD), the social network geared for professionals, beat Wall Street's earnings expectations.
LinkedIn reported fourth-quarter earnings Thursday of 35 cents a share on revenue of $303.6 million, up 81% from a year earlier.
Analysts were looking for profit of 19 cents a share on sales of $279.52 million.
Revenue growth was aided by Talent Solutions revenue, which totaled $161 million, up 90% year over year. Talent Solutions revenue made up 53% of this quarter's sales.
LinkedIn issued first-quarter guidance above Wall Street estimates. It expects revenue of between $305 million and $310 million. Analysts forecast revenue of $301.3 million. For the full year, LinkedIn said it expects sales between $1.41 billion and $1.44 billion. Wall Street analysts expect $1.439 billion. LinkedIn Soars on Huge BeatCoinstar (CSTR), which owns the owns the Redbox DVD kiosks, said fourth-quarter profit declined 27% due to poor performance at its new ventures. Coinstar also forecast disappointing earnings on Thursday, saying it expects earn 77 cents to 92 cents a share from continuing operations in the first quarter on revenue of $568 million to $593 million. Analysts forecast earnings of $1.22 a share on revenue of $628.8 million.
AOL (AOL) is expected by Wall Street Friday to report fourth-quarter earnings of 41 cents a share on revenue of $573.7 million. 5 Big Tech Stocks to Trade (or Not)
Activision Blizzard (ATVI), the maker of video game "Call of Duty," posted fourth-quarter earnings that topped analysts' estimates as revenue jumped 26% to $1.77 billion. Activision said Thursday it expects first-quarter adjusted earnings of 10 cents a share on revenue of $690 million. Analysts expect earnings of 9 cents a share on revenue of $693.5 million.
Earnings expected Friday include Carlisle (CSL), CBOE Holdings (CBOE), Moody's (MCO) and Laboratory Corporation of America (LH). 4 Stocks Under $10 Making Big Moves
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
