Stocks to Watch: LinkedIn, Coinstar, AOL

TheStreet.com

NEW YORK -- LinkedIn LNKD , the social network geared for professionals, beat Wall Street's earnings expectations.

LinkedIn reported fourth-quarter earnings Thursday of 35 cents a share on revenue of $303.6 million, up 81% from a year earlier.

Analysts were looking for profit of 19 cents a share on sales of $279.52 million.

Revenue growth was aided by Talent Solutions revenue, which totaled $161 million, up 90% year over year. Talent Solutions revenue made up 53% of this quarter's sales.

LinkedIn issued first-quarter guidance above Wall Street estimates. It expects revenue of between $305 million and $310 million. Analysts forecast revenue of $301.3 million. For the full year, LinkedIn said it expects sales between $1.41 billion and $1.44 billion. Wall Street analysts expect $1.439 billion.

LinkedIn Soars on Huge Beat


Coinstar CSTR , which owns the owns the Redbox DVD kiosks, said fourth-quarter profit declined 27% due to poor performance at its new ventures.

Coinstar also forecast disappointing earnings on Thursday, saying it expects earn 77 cents to 92 cents a share from continuing operations in the first quarter on revenue of $568 million to $593 million. Analysts forecast earnings of $1.22 a share on revenue of $628.8 million.


AOL AOL is expected by Wall Street Friday to report fourth-quarter earnings of 41 cents a share on revenue of $573.7 million.

5 Big Tech Stocks to Trade (or Not)


Activision Blizzard ATVI , the maker of video game "Call of Duty," posted fourth-quarter earnings that topped analysts' estimates as revenue jumped 26% to $1.77 billion.

Activision said Thursday it expects first-quarter adjusted earnings of 10 cents a share on revenue of $690 million. Analysts expect earnings of 9 cents a share on revenue of $693.5 million.


Earnings expected Friday include Carlisle CSL , CBOE Holdings CBOE , Moody's MCO and Laboratory Corporation of America LH .

4 Stocks Under $10 Making Big Moves


-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

Rates

View Comments (0)