LNKD Stock: LinkedIn Q116 Whisper Number

LNKD stock

LinkedIn Corporation (LNKD) is set to announce its Q116 earnings after the market close on Thursday. Analysts expect the online professional network operator to report earnings per share of $0.60 and revenue of $829.93 million. That would be $0.34 lower the $0.94 per share posted last quarter and $0.03 higher the $0.57 posted in the Q115. Revenue is projected to be $191.93 million higher than the $638 million posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.67 per share.

As a quick reminder, LinkedIn reported Q415 EPS of $0.94, $0.16 better than the Street’s consensus estimate of $0.78. Revenue increased 33.98% year-over-year to $862 million versus the $857.59 million consensus.

Trading & Valuation Metrics

LNKD stock began trading this morning at $119.72 to currently trade 3.58% higher from the prior days close of $118.85. On an intraday basis it has gotten as low as $119.34 and as high as $123.36.

LinkedIn’s current year and next year EPS growth estimates stand at 12.30% and 28.80%, compared to the industry growth rates of 11.50% and 23.20%, respectively. The name has a t-12 price/sales ratio of 5.25. EPS for the same period registers at (1.29).

LNKD stock has a median Street price target of $157.00 with a high target of $250.00. The Palo Alto, Calif.-based name recently traded at $123.10, a gain of $4.25 over Wednesday’s closing price. LinkedIn has a current market capitalization of $16.44 billion.

Shares are down 47.20% since the beginning of the year.

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