MELBOURNE - [AAP] Job advertiser SEEK (ASX: SEK) has upgraded its earnings forecast for the current financial year as its businesses in Australia and Asia deliver a better than expected performance.

Chief executive Andrew Bassat will tell the company's annual general meeting later on Wednesday that pre-tax earnings are now expected to swell by about 13 per cent from last financial year, up from SEEK's previous forecast of 10 per cent growth.

He said the earnings performance of the Australian and New Zealand operations, Seek Asia and online education services so far this financial year have been encouraging.

Chairman Neil Chatfield will tell shareholders that the company's Australian and New Zealand business is the most advanced after a long period of reinvestment, while almost two thirds of the company's revenue now comes from international operations.

"The success in ANZ has reaffirmed that reinvestment is the right strategy for our international businesses which offer much larger revenue opportunities than the ANZ business."

SEEK still expects to make a net profit in the range of $220 million and $230 million in 2017/18, excluding investments of about $25 million in new business ventures.

The company's shares were down 52 cents, or 2.7 per cent, at $18.88 at 1255 AEDT.

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