LinkedIn is expected to report a drop in earnings and slower revenue growth when it posts its Q1 results after the market close Thursday, at a time of heavy scrutiny for social-networking stocks. LinkedIn (LNKD) is expected to report revenue of $466.6 million, up 44% from the year-earlier quarter but its slowest revenue growth in more than four years. And analysts polled by Thomson Reuters expect earnings per share minus items of 34 cents, down
AOL’s (AOL) display ad revenue growth is expected to accelerate in 2014, while growth slows at Twitter (TWTR), Facebook (FB) and other rivals. AOL’s display ad sales are expected to climb 15.5% in 2014, up from 9.5% in 2013 and 6.5% in 2012, according to data reported Tuesday by research firm eMarketer. AOL still is growing slower than display ad rivals such as Twitter, Facebook, Amazon.com (AMZN), Google (GOOG) and LinkedIn (LNKD). But display ad
LinkedIn (LNKD) stock had fallen 25% as of the start of this week since hitting its record high of 257 in September, and that decline made the stock undervalued. So says RBC Capital Markets, which on Wednesday upgraded its rating on the stock, on the view shares were undervalued. RBC analyst Mark Mahaney raised his outlook to outperform from sector perform, and raised his price target to 250 for the social networking site for professionals.