OpenTable Q2 Profit Rises - Quick Facts

(RTTNews) - OpenTable, Inc. (OPEN) Thursday reported second-quarter profit of $8.32 million or $0.35 per share, up from $5.75 million or $0.25 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $12.0 million or $0.50 per share. On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.47 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $45.57 million, up from $39.56 million last year. Analysts expected revenues of $46.03 million.

Looking ahead to the third quarter, the company has forecast earnings in the range of $0.21 to $0.25 per share, with adjusted earnings in the order of $0.38 to $0.42 per share.

Revenues are projected in the range of $45.0 million to $46.3 million. Analysts currently expect he company to earn $0.48 per share on third-quarter revenues of $46.48 million. For the fiscal 2013, the company anticipates earnings in the range of $1.17 to $1.30 per share, with adjusted earnings in the order of $1.80 to $1.92 per share. The company earlier expected earnings in the range of $1.27 per share to $1.45 per share, with adjusted earnings in the range of $1.79 to $1.96 per share.

Revenues are forecast in a range of $186.2 million to $190.1 million, compared to its previous guidance range of $186.1 million to $193.1 million. Analysts currently expect he company to report full-year earnings of $1.93 per share on revenues of $188.0 million.