Reuters logo
Monster Worldwide forecasts weak third quarter
August 2, 2012 / 11:45 AM / in 5 years

Monster Worldwide forecasts weak third quarter

Aug 2 (Reuters) - Online recruitment firm Monster Worldwide Inc forecast weak third-quarter results citing weakness in Europe, and said its strategic alternatives process was proceeding as planned.

The parent of expects to earn between 2 cents to 7 cents per share, in the third quarter, compared with analysts’ expectation of 9 cents per share, according to Thomson Reuters I/B/E/S.

The company expects revenue to decline 6 to 12 percent and bookings to be flat to down 10 percent.

Monster on Thursday reported an adjusted second-quarter profit of 6 cents per share, which was in line with analysts’ estimates.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below