LinkedIn (LNKD) Slammed Over 20% on Weak Outlook
LinkedIn (NYSE: LNKD) is trading down 24% after-hours following in-line earnings and much lower-than-expected outlook.
LinkedIn (NYSE: LNKD) reported Q1 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $638 million versus the consensus estimate of $636.64 million.
LinkedIn sees FY2015 EPS of $1.90, versus the consensus of $3.03. LinkedIn sees FY2015 revenue of $2.90 billion, versus the consensus of $2.98 billion.
LinkedIn sees sees Q2 EPS of $0.28, versus the consensus of $0.74. LinkedIn sees Q2 revenue of $670-$675 million, versus the consensus of $717.5 million.