Linkedin (LNKD) Trading Higher Heading into Q1 Results; Volatility Up
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Linkedin (NYSE: LNKD) shares are one of the lonely bright spots Thursday heading into its first-quarter 2012 report.
Volatility is up 8.3 percent from Wednesday's close to 77.5 percent. Implied volatility is also just over 150 percent than its historical average over the last year.
Shares are about 1.5 percent better on the session.
The Street is looking for LinkedIn to report EPS of 9 cents on revs of $178.3 million for the period, its fourth reporting period since becoming a public company last year. For comparison, LinkedIn posted EPS of 12 cents and revs of $167.7 million last quarter.
Volatility is up 8.3 percent from Wednesday's close to 77.5 percent. Implied volatility is also just over 150 percent than its historical average over the last year.
Shares are about 1.5 percent better on the session.
The Street is looking for LinkedIn to report EPS of 9 cents on revs of $178.3 million for the period, its fourth reporting period since becoming a public company last year. For comparison, LinkedIn posted EPS of 12 cents and revs of $167.7 million last quarter.
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