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Facebook (FB) Tops Q2 Earnings and Revenue Estimates
Facebook (FB) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.74%. A quarter ago, it was expected that this social media company would post earnings of $1.66 per share when it actually produced earnings of $0.85, delivering a surprise of -48.80%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Facebook, which belongs to the Zacks Internet - Services industry, posted revenues of $16.89 billion for the quarter ended June 2019, surpassing the Zacks Consensus Estimate by 2.68%. This compares to year-ago revenues of $13.23 billion.
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https://finance.yahoo.com/news/facebook-...09469.html
![[Bild: FBc1dl0514.png]](https://finviz.com/publish/072519/FBc1dl0514.png)
Facebook (FB) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.74%. A quarter ago, it was expected that this social media company would post earnings of $1.66 per share when it actually produced earnings of $0.85, delivering a surprise of -48.80%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Facebook, which belongs to the Zacks Internet - Services industry, posted revenues of $16.89 billion for the quarter ended June 2019, surpassing the Zacks Consensus Estimate by 2.68%. This compares to year-ago revenues of $13.23 billion.
...
https://finance.yahoo.com/news/facebook-...09469.html
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