Facebook’s revenue rose, year on year, 30% in the fourth quarter. WSJ’s Jason Bellini explains why the social network is beating analyst expectations and posting profits amidst all the bad press. Photo illustration: Laura KammermannFacebook Inc. is scheduled to report first-quarter results after the market closes Wednesday. Here are the key points to watch:REVENUE FORECAST: Facebook is expected to post revenue just under $15 billion, according to FactSet. Though missing the holiday advertising spending that pushed the company to record revenues in the fourth quarter, the forecast revenue for the first quarter would be a 25% increase from a year ago.

Source: Wall Street Journal April 24, 2019 09:31 UTC