Professional networking company
) is scheduled to announce its first-quarter 2014 results on May
It is worth noting that LinkedIn has outperformed the Zacks
Consensus Estimate in two of the four preceding quarters with a
positive earnings surprise averaging 69.38%. Let's see how things
are shaping up for the current quarter.
Factors to Consider this Quarter
In its last reported quarter, LinkedIn's top line benefited
the most from its Talent Solution and Premium Subscription
businesses, which continued to grow nicely.
The company's traction in the mobile segment is also
encouraging. Synergies from acquisitions are also expected to
positively impact results, going forward.
We believe that LinkedIn's initiatives to increase advertising
revenues through product launches and partnership programs are
praiseworthy and we believe that advertisers are also taking a
note of the company's growing user base.
With a 300 million strong global user base and more than 100
million registered U.S. users, the company should be able to
maintain its leading position in the professional networking
space. LinkedIn's wide industry reach also enables it to
capitalize on every opportunity to connect global workforce.
Moreover, international expansion remains a focal point for
LinkedIn. The company recently launched a Chinese language
website to expand its presence in the leading Internet market of
China. Considering the growth potential in the country which has
a huge Internet surfing population, LinkedIn's expansion in the
country bodes well.
Other Stocks to Consider
ON Semiconductor Corp.
) has an Earnings ESP of +6.67% and a Zacks Rank #1 (Strong
Level 3 Communications, Inc.
) has an Earnings ESP of +10.71% and a Zacks Rank #1.
Advanced Energy Industries, Inc.
) has an Earnings ESP of +10.00% and a Zacks Rank #1.
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