Facebook (FB) Q2 Earnings and Revenues Surpass Estimates
Facebook (FB) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this social media company would post earnings of $1.73 per share when it actually produced earnings of $1.71, delivering a surprise of -1.16%.
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 $18.69 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 8.08%. This compares to year-ago revenues of $16.89 billion.
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https://finance.yahoo.com/news/facebook-...1596180767
Facebook (FB) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this social media company would post earnings of $1.73 per share when it actually produced earnings of $1.71, delivering a surprise of -1.16%.
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 $18.69 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 8.08%. This compares to year-ago revenues of $16.89 billion.
...
https://finance.yahoo.com/news/facebook-...1596180767
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