Facebook earnings beat: $1.76 per share, vs. $1.47 expected EPS

Facebook crushed analyst expectations on earnings per share during its latest earnings report, but fell short when it came to revenue, daily active user and monthly active user estaimtes.

The company reported its third-quarter earnings after bell on Tuesday:

  • Earnings per share (EPS): $1.76 vs $1.47 estimated, per Refinitv
  • Revenue: $13.73 billion vs. $13.78 billion estimated, per Refinitiv
  • Estimated daily active users (DAUs): 1.49 billion vs. 1.51 billion estimated, according to FactSet and StreetAccount
  • Monthly active users (MAUs): 2.27 billion vs. 2.29 billion estimated, according to FactSet and StreetAccount
  • Average revenue per user: $6.09 vs. $6.09 estimated, per 2.29 billion, according to Street Account

Shares were down about 3 percent after the report.

Last quarter, Facebook advised it expected its revenue growth rates to decline as much as high single-digit percentages during the third and fourth quarter of this year because the company has invested more in its Stories product, which has lower ad rates, and other things like security and compliance with the EU’s GDPR data privacy law.

The company was also hit with a security breach last quarter that left more than 30 million user accounts vulnerable to unauthorized control. The issue, which was first reported in late September, exposed names, contact details and other personal information including gender, relationship status and recent locations.


Vezi reducerile de sezon din magazinele:

eMag , Altex , Libris , Vegis , QuickMobile , FashionDays


Nu uita sa dai SHARE daca ti-a placut acest articol!


Investește la bursă prin:

67% din conturile CFD de retail pierd bani

NOTE & Risk warnings: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am just sharing my opinion and views alone on the market. What you do with your own money is your own responsibility. Seek a licensed CPO or financial advisor before you make any investments. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future. The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
TAG | 1,023 views

In ce investim la bursa ?

Investeste in actiuni la bursa:




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.