Revenue Update on 51job (ADR)(NASDAQ:JOBS)

51job (ADR)(NASDAQ:JOBS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Feb 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $99.979M. Analysts estimated a revenue of $99.220M. The revenues were 0.76% above the estimates. Earnings per share were $0.52. The reported EPS was above estimates by 30%. Analysts had estimated an EPS of $0.4.

51job (ADR) (JOBS) shares turned negative on Wednesdays trading session with the shares closing down -0.6 points or -1.65% at a volume of 1,00,371. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.93. The peak price level was also seen at $37.93 while the days lowest was $35.56. Finally the shares closed at $35.85. The 52-week high of the shares is $37.93 while the 52-week low is $25.83. According to the latest information available, the market cap of the company is $2,148 M.

Several Insider Transactions has been reported to the SEC. On Apr 30, 2016, 444 (4444) sold 444 shares at $444 per share price.

51job Inc. is a holding company. The Company is a provider of integrated human resource services in China. With a focus on recruitment advertising the Company operates which is utilized by a base of corporate employers reaches an audience of job seekers and aggregates job information from over 100 cities across China. It also operates a print publication in the city of Xian. The Company also provides other human resource related services consisting primarily of business process outsourcing training campus recruitment and executive search services. The Company provides services to both employers and job seekers and derives all of its revenues from employers. The Company receives fees from employers for accessing its resume database using its eHire product and engaging other human resource related services.

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