Earnings Preview: What To Expect From Facebook Today - News Summed Up

Earnings Preview: What To Expect From Facebook Today


The stock just hit a record high of $377.55/share in 2021 and is currently trading near $373/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. To help you prepare, here is what the Street is expecting:Earnings Preview:The company is expected to report earnings of $3.03/share on $27.82 billion in revenue. In fact, the company managed to grow both its revenue and earnings by double digits in each of the past four quarters! Facebook IPO’d in 2012 and the stock has been up every single year since except it was lower in 2012 and 2018.


Source: Forbes July 28, 2021 17:03 UTC



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