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LinkedIn, Electronic Arts, Take-Two Interactive Reporting; Nutrisystem Spikes on Earnings

Dan Berman
Hot Stock Minute
LinkedIn, Electronic Arts, Take-Two Interactive Reporting; Nutrisystem Spikes on Earnings

LinkedIn (LNKD) reports after the closing bell.The social network is expected to post earnings of 32-cents a share, up a dime from a year ago on revenue that's climbed more than 50% to $385-million. LinkedIn faces the same challenges as Facebook (FB), namely a shift to mobile. But it has to create an interface that serves not only to members, but also recruiters. Shares of LinkedIn are up 114% year-to-date. That's even better than Facebook, which is up 86% since the start of 2013. By the way Facebook reports tomorrow.

Two gamemakers report after the closing bell: Electronic Arts (EA) and Take Two Interactive (TTWO). Look at the earnings estimates and you see two very different stories. EA is expected to report earnings of 12-cents a share, down 20% from last year on revenue that has dropped below $1-billion. Meanwhile, Take Two is expected to see its revenues approach $1-billion on growth of more than 200%. Earnings are expected to balloon to $1.64 from 11-cents last year. You probably know the reason for the jump: Grand Theft Auto Five which accounted for more than half of all video game sales in September. Nevertheless, shareholders of Electronic Arts are the winners here, with that stock up 70% so far this year. Take Two has risen a mere 51%.

Nutrisystem (NTRI) reported after yesterday's closing bell and then jumped more than 12%. The diet company beat estimates with earnings of 15-cents a share on $85-million in sales. Shares were already up 93% this year. The climb puts the stock at a new multi-year high. By the way Nutrisystem competitor Herbalife (HLF) also reported a beat after yesterday's bell with earnings of $1.41 a share. That stock has also been moving higher.

Finally Martha Stewart Living Omnimedia (MSO) reports earnings today. Yesterday the company named Daniel Dienst as its new CEO. To quote the Wall Street Journal, he knows melting not baking. That's because he comes from the metal industry. Getting Stewart's house in order will be quite a job. The company has lost money in nine of the last ten years. And it's recently been in that battle between Macy's and J.C.Penney for Stewart's branded merchandise. As for today's report, look for losses of 5-cents a share, better than last year when they were 10-cents a share. But on revenue that's dropped to $40-milion.