Facebook’s stock dips as results top estimates, but expenses cause concern
Facebook Inc. stock slid 7% Wednesday after the company reported fourth-quarter results that topped estimates but didn’t sate lofty Wall Street expectations. Concerns over expenses and operating margins further undercut shares.
The social-media giant said it earned $7.35 billion, or $2.56 a share, vs. expectations of $2.53 a share, according to analysts polled by FactSet.
Revenue rose 25% to $21.08 billion, vs. estimates of $20.9 billion.
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https://www.marketwatch.com/story/facebo...latestnews
Chart vor den earnings:
Facebook Inc. stock slid 7% Wednesday after the company reported fourth-quarter results that topped estimates but didn’t sate lofty Wall Street expectations. Concerns over expenses and operating margins further undercut shares.
The social-media giant said it earned $7.35 billion, or $2.56 a share, vs. expectations of $2.53 a share, according to analysts polled by FactSet.
Revenue rose 25% to $21.08 billion, vs. estimates of $20.9 billion.
...
https://www.marketwatch.com/story/facebo...latestnews
Chart vor den earnings:
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