Facebook Shares Soar On Sales, Earnings That Blow Away Estimates
How Analysts View Facebook After Earnings (NASDAQ: FB)
Facebook Inc. (NASDAQ: FB) reported second-quarter financial results after the markets closed on Wednesday, and absolutely blew investors away with stellar earnings this quarter, impressing on both the top and bottom line.Also worth mentioning is that these earnings helped Facebook break through to hit a new all-time high in Thursday trading.24/7 Wall St. has included some highlights from the earnings report, as well as what analysts are saying after the fact.
Facebook Earnings Review: The Best Is Yet to Come
Facebook ( FB ) blew a lot of records during the second quarter.The social media giant reported EPS of 97 cents and quarterly revenues of $6.44 billion when Wall Street was expecting $6.02 billion revenues and 82 cents EPS.Facebook has now beaten estimates 16 out of 17 times since going public.
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