Monster Worldwide, Inc. (MWW) Tops Q3 EPS by 2c

Monster Worldwide, Inc. (NYSE: MWW) reported Q3 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $191 million versus the consensus estimate of $189.88 million.

Monster Worldwide, Inc. sees Q4 2014 EPS of $0.04-$0.08, versus the consensus of $0.06.

“Our third quarter results were better than expected, particularly in North America, as we continue to make significant progress on our new ‘All the Jobs, All the People’ strategy,” said Sal Iannuzzi, chairman, president and chief executive officer of Monster Worldwide. “We introduced TalentBin by Monster, Monster Twitter Cards and Talent CRM in North America in July and in our top tier European countries in October. These exciting new products have been well received by the market and are gaining traction. We plan to continue building on this momentum by introducing more innovative new products in North America and Europe over the next few quarters. As we look ahead, we remain keenly focused on executing our sales strategy and are committed to achieving sustainable improvements to the Company’s EBITDA margins, beginning in the fourth quarter of this year.”

For earnings history and earnings-related data on Monster Worldwide, Inc. (MWW) click here.

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