OpenTable Q3 Profit Up - Quick Facts

(RTTNews) - OpenTable, Inc. (OPEN) Tuesday reported third-quarter profit of $7.6 million or $0.32 per share, up from $5.9 million or $0.26 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $12.1 million or $0.50 per share. On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 18 percent to $46.7 million from $39.7 million last year. Analysts expected revenues of $46.04 million.

Looking ahead to the fourth quarter, the company has forecast earnings in the range of $0.33 to $0.37 per share, with adjusted earnings in the order of $0.49 to $0.53 per share.

Revenues are expected to range between $50.7 million and $52.1 million. Analysts currently expect the company to earn $0.52 per share on fourth-quarter revenues of $50.90 million.

For the fiscal 2013, the company has raised its adjusted earnings outlook to a range of $1.94 to $1.98 per share from $1.80 to $1.92 per share, issued previously. GAAP earnings are expected to range between $1.29 and $1.33 per share.

Full-year revenues are projected in a range of $188.5 million to $189.9 million, compared to its previous guidance range of $186.1 million to $193.1 million. Analysts currently expect the company to report full-year earnings of $1.89 per share on revenues of $187.87 million.