NEW YORK (TheStreet) -- Monster Worldwide  (MWW) stock is falling by 33.33% to $2.84 on heavy trading volume on Thursday morning, after the company provided lower-than-expected 2016 first quarter earnings guidance. 

Before the market open on Thursday, the employment website operator reported earnings of 12 cents per share, which was in-line with analysts' estimates. Revenue fell by 6% year-over-year to $159.2 million, which missed analysts' forecasts for revenue of $166.94 million.

Monster projected 2016 first quarter earnings in the range of 6 cents per share to 10 cents per share, lower than Wall Street's forecasts for 13 cents per share.

"We underperformed in North America in our transactional business as a result of competitive pressures and seasonality, as well as macro considerations in Canada," CEO Tim Yates said in a statement. 

So far today, 3.30 million shares of Monster have traded, versus the company's 30-day average of 1.06 million shares. 

Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rates this stock as a "sell" with a ratings score of D. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and poor profit margins.

You can view the full analysis from the report here: MWW

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