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51Jobs posts 4Q profit

SHANGHAI (AP) _ 51Jobs Inc. (JOBS) on Wednesday reported fourth-quarter earnings of $29.3 million.

On a per-share basis, the Shanghai-based company said it had net income of 50 cents. Earnings, adjusted for one-time gains and costs, were 52 cents per share.

The human resources and online jobs company posted revenue of $100 million in the period.

For the year, the company reported profit of $81.5 million, or $1.39 per share. Revenue was reported as $341.7 million.

For the current quarter ending in April, 51Jobs expects its per-share earnings to range from 37 cents to 40 cents.

The company said it expects revenue in the range of $85.7 million to $88.6 million for the fiscal first quarter.

51Jobs shares have increased 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.85, a rise of 26 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JOBS at https://www.zacks.com/ap/JOBS


Keywords: 51Jobs, Earnings Report