51job Q3 Profit Up; Provides Q4 Outlook

(RTTNews) - 51job Inc. (JOBS) reported third-quarter profit of 117.35 million Chinese yuans or 1.95 yuan per share, up 4.0 percent from 112.86 million yuans or 1.91yuan per share in the same period last year.

In U.S dollars, earnings were $19.2 million or from $0.32 per share.

On a per-ADS basis, earnings rose to 3.90 yuan, or $0.64, from 3.82 yuan last year.

Total revenues were 419.6 million yuans or US$68.6 million, an increase of 12.3 percent from 373.7 million yuans for the same quarter in 2012.

Analysts polled by Thomson Reuters expected the company to report profit of $0.64 per ADS on revenue of $64.40 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the fourth quarter, the company estimates revenue in range of 445 million yuans to 460 million yuans or $72.7 million to $75.2 million. The company expects non-GAAP fully earnings in range of 2.50 yuans to 2.65 yuans per common share or $0.82 to to $0.87 per ADS. Analysts predict the company to earn $0.70 per ADS on revenue of $70.40 million for the fourth quarter.