LinkedIn Corp. (NYSE: LNKD), just released Q4 2014 results. The company bested consensus estimates and as a result is trading higher in after-hours trading, as was predicted in Foresight's earnings preview.
This article will provide a visual recap of the most important results and metrics in LinkedIn’s quarterly report.
Reported earnings versus consensus expectations
The following table will provide an overview of reported headline results versus the consensus expectations for LinkedIn’s fourth quarter results.
Table 1: Reported Q4 2014 results versus consensus expectations (Median and High-Low range) (Source: LinkedIn Q4 2014 slide deck, RBC Capital, JP Morgan and Estimize)
As one can deduce from Table 1, LinkedIn beat consensus expectations for Q1 2014 results by a significant margin.
In addition to publishing fourth quarter financial results, LinkedIn has also published its customary company guidance company guidance for Q1 2015 and FY 2015, revenue and EBITDA. An overview reported guidance versus median consensus guidance expectations is provided in Table 2.
Table 2: Median consensus expectations for Q1 2015 and FY 2015 guidance (Source: LinkedIn Q4 2014 slide deck, RBC Capital)
Looking at reported guidance versus consensus expectations, we see somewhat of a mixed picture. LinkedIn missed expectations for Q1 2015 and FY 2015 with regards to adjusted EBITDA, but provided better guidance for FY 2015 Non-GAAP EPS. Total revenue guidance for FY 2015, was in line with consensus expectations.
Current results versus previous quarters
Historical data of $LNKD’s performance during past quarters can provide powerful insights as to how the stock might trade under various scenario’s. Table 3, provides a full overview of how $LNKD’s current results compare with previous quarters.
Table 3: LinkedIn historical stock performance following earnings (Source: LinkedIn quarterly reports, RBC Capital)
The following paragraphs will present a visual description of LinkedIn’s Q4 2014 reported results on key metrics.