Meta Platforms Inc (META): Facebook earnings: $1.69 per share, vs....

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	91
Posts	12682
Boards Moderated	6
Alias Born	08/09/2000

swanlinbar

Re: swanlinbar post# 42138

Sunday, 04/29/2018 2:08:06 PM

Sunday, April 29, 2018 2:08:06 PM

Facebook earnings: $1.69 per share, vs. $1.35 expected

Facebook reported quarterly earnings and revenue well above expectations on Wednesday.
The number of daily users on the platform also bounced back, indicating steady engagement despite recent backlash surrounding the leak of personal information to firms such as Cambridge Analytica.
Shares jumped about 6 percent after the results were released.

Earnings per share: $1.69 adjusted vs. $1.35 expected by a Thomson Reuters consensus estimate
Revenue: $11.97 billion vs. $11.4 billion expected by a Thomson Reuters consensus estimate
Daily active users: 1.45 billion vs. 1.45 billion expected by a StreetAccount estimate
Monthly active users: 2.2 billion vs. 2.2 billion expected by a StreetAccount estimate

A year ago, Facebook reported adjusted EPS of $1.04 on revenue of $8.03 billion.
https://www.cnbc.com/2018/04/25/facebook-earnings-q1-2018.html

And so we are told this is the golden age
And gold is the reason for the wars we wage U2