Seeking Alpha

LinkedIn (LNKD): Q1 EPS of $0.45 beats by $0.14. Revenue of $324.7M (+72% Y/Y) beats by $7.6M....

LinkedIn (LNKD): Q1 EPS of $0.45 beats by $0.14. Revenue of $324.7M (+72% Y/Y) beats by $7.6M. Expects Q2 revenue of $342M-$347M, below $359.2M consensus. Expects 2013 revenue of $1.43B-$1.46B, below $1.49B consensus. Shares -11.4% AH. CC at 5PM ET (webcast). (PR)
Comments (3)
  • Investors and response to analysts estimates vs Guidance is always strange at best - LNKD management always guides below actual. This Qtr was guided at 305 to 310 and they came in at 325 on Rev.

     

    They just guided next Qtr at 342 to 347 - and everyone is disappointed because consensus from analysts is $359 - so what, if they perform based on past, they are really saying actual will be around $365 to $375.
    2 May 2013, 05:00 PM Reply Like
  • exactly right - I am gobsmacked looking at this disproportionate reaction - and this must be big institutions reacting this wildly as the drop is severe. I'm wondering how long it will take to rebound to the $200 level again?
    3 May 2013, 02:46 AM Reply Like
  • Less-than-stellar guidance coming just as the share price crosses a large, round number threshold can be a nasty combo. Think Apple at $700.

     

    Of course, in the case of LNKD, a more reasonable question might be: What the hell was it doing above $200 in the first place?

     

    When a stock has a P/E over 1,000, I don't think you're allowed to act too surprised if it suddenly goes down....
    3 May 2013, 05:07 AM Reply Like
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