LinkedIn Corp. (LNKD) reported third quarter adjusted EPS of $0.52 after the close Thursday, compared to $0.39 in the prior year period. Analysts expected EPS of $0.47. Fourth quarter adjusted EPS is expected to be about $0.49, while full year adjusted EPS is expected to be about $1.89. Previously, the company expected full year adjusted EPS of about $1.80. The consensus estimates are for EPS of $0.52 and $1.87. The stock is now up 1.24 on 1.4 million shares.
LinkedIn climbed during the final 2 hours of trade Thursday and finished up by 3.39 at $202.90 on above average volume. The stock closed near the upper end of a 3-week range.
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