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But that's still below the consensus for $2.92bn in revenue and a 2-cent loss.
Analysts are reluctant to announce earnings estimates that are far below the consensus for fear of alienating the company and endangering their relationship with its management.
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In fact, as you can see below, the consensus Wall Street expectation for LinkedIn's 2013 revenue has risen from $755 million at the time of its IPO in mid May , 2011 to $1.5 billion presently.
Already the consensus for the third quarter is below zero, with analysts seeing a loss of nearly $3 per share.
In 2009, the new EPS guidance is for $4.50-$4.50-$4.95w the consensus of $5.31 per share.
The new guidance for EPS is now $2.20 to $2.50 per share, below the consensus of $3.02.
Revenues for the quarter dropped 36% to $19.9 billion, far below the consensus expectation for $31.4 billion.
The companys revenue declined 7% though, to $737.8 million from 792.2 million and well below the consensus call for $748.3 million.
On Oct. 18, the company announced a net income decline of 12%, to $93.5 million, 18% below the consensus estimate for the fourth quarter.
Excluding one-time events, its operating loss was 60 cents a share, below the consensus estimate for a loss of 52 cents a share.
Quarterly sales were $27.1 billion, below the consensus call for $27.3 billion but 10% higher than year-earlier revenues, attributed to Verizons acquisition of Alltell.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com