On May 2,
) will announce earnings for Q1 of 2013. The company has beaten
expectations every quarter for the past year and a half. Estimated
earnings per share have evaluations as high as $0.41, compared to
$0.35 of Q4. For annual revenues, the professional network brought
in $927 million last year, up $450 million from 2011.
With 200 million professional contacts, LNKD is one of the
most-followed companies on the market. The stock has increased 78%
over the last year with no signs of slowing down as sales and net
income keep growing. The company is considered to have a strong
business model with a strategy that can market to different
segments of its customers. LinkedIn is comprised of both free and
paid features for its members, and currently it has partnerships
with developers such as
) to make those experiences even better.
As other social media platforms like
) begin to see a drop in users, LNKD is only experiencing higher
demand by offering services with career-enhancing potentials.
Demand for online presence is becoming more critical to all
demographics, and LinkedIn is the only available platform to bridge
With more opportunities to grow in the mobile ad arena this year,
the forecasts for annual revenue stand at $1.5 billion.
I want to get bullish LNKD, but not aggressively, so I want to buy
LNKD on a pullback.
Selling the LNKD June 185-175 Put Spread for $3.20
$680 per 1 lot
$320 per 1 lot
Greeks of this Trade
Disclosure: Minyanville Studios, a division of Minyanville
Media, has a business relationship with BlackBerry.