LinkedIn sells off, Citi cautious about Q4 results/guidance


Citi's tracking data leads it to think LinkedIn (LNKD -3.4%) will at best provide in-line results and guidance when it delivers its Q4 report (likely later this month).

ITG Research offered a cautious view on LinkedIn's Q4 two weeks ago. The company's ad business (23% of Q3 revenue) has been seeing relatively slow growth, something generally blamed on a transition to news feed ads (a shift towards mobile viewing could also be playing a role). But LinkedIn's jobs/recruiting and premium subscription businesses have continued to post 60%+ growth.

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