(Recasts; adds details, share movement)
Nov 12 (Reuters) - China's 51Job Inc (JOBS.O), which
publishes a weekly newspaper and a runs a namesake jobs
Website, posted a quarterly profit that beat analysts'
estimates, helped by strong growth in its print and online
businesses.
Shares of the Shanghai-based company rose about 3 percent
in late electronic trade, after closing at $22.18 Monday on the
Nasdaq.
Net income rose to $3.6 million, or 13 cents per American
depositary share, on revenue of $29.4 million. Excluding items,
51Job posted earnings per ADS of 18 cents a share.
Analysts expected earnings of 12 cents per ADS, excluding
items, on revenue of $27.6 million, according to Reuters
Estimates.
Print advertising revenue rose 15.9 percent to $15.2
million, driven by an increase in the volume of advertisements.
Online recruitment services revenue rose 26.8 percent to $9.7
million, as it had more employers using the Web site.
For the fourth quarter, the company forecast earnings,
excluding items, of 13 cents to 15 cents per ADS on revenue of
$27.4 million to $28.7 million. Analysts expect 10 cents per
ADS on revenue of $26.2 million.
(Reporting by John Tilak in Bangalore; Editing by Saumyadeb
Chakrabarty)
