51job (NASDAQ:JOBS) Releases Q3 2019 Earnings Guidance

51job (NASDAQ:JOBS) updated its third quarter 2019 earnings guidance on Monday. The company provided earnings per share guidance of $0.58-0.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.74. The company issued revenue guidance of $133.3-139.1 million, compared to the consensus revenue estimate of $154.48 million.

A number of equities research analysts recently issued reports on the company. Citigroup downgraded 51job from a buy rating to a neutral rating in a research report on Monday, May 13th. TheStreet downgraded 51job from a b rating to a c+ rating in a research report on Wednesday, June 26th. Finally, BidaskClub upgraded 51job from a sell rating to a hold rating in a research report on Thursday, June 13th.

Shares of JOBS stock traded down $4.81 on Monday, reaching $68.95. The company’s stock had a trading volume of 344,737 shares, compared to its average volume of 251,668. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.19 and a quick ratio of 2.19. 51job has a 12-month low of $52.15 and a 12-month high of $97.08. The firm has a market cap of $4.27 billion, a P/E ratio of 24.11 and a beta of 1.51. The company has a 50 day simple moving average of $76.90.

51job (NASDAQ:JOBS) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.09. 51job had a return on equity of 20.11% and a net margin of 37.97%. The business had revenue of $135.87 million for the quarter.

About 51job

51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, and lagou.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.

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