Investing

Here’s what every major analyst expects from Facebook earnings

Facebook CEO Mark Zuckerberg makes his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30, 2019.

Stephen Lam | Reuters

It’s been a rocky couple of weeks for Facebook CEO Mark Zuckerberg and now Wall Street analysts expect him to deliver. There’s no shortage of storylines for the social media giant when it reports its third quarter earnings after the bell on Wednesday.

Analysts will be looking for commentary on revenue growth, daily users, regulatory threats, and updates on Facebook’s cryptocurrency Libra. 

Just last week, Zuckerberg testified in Washington D.C. trying to ease Congressional leaders fears over the company’s plan for the cryptocurrency.

Facebook shares are up over 6% this month.

Here’s what every major analyst expects from Facebook earnings:

Products You May Like

Articles You May Like

New sickle cell gene therapies are a breakthrough, but solving how to pay their high prices is a struggle
Ethical, Moral, And Thorny Personal Issues In Estate Planning
United Airlines raises checked bag fee $5, following American
A flood insurance quirk makes basements a bad place to keep your stuff
UK posts record budget surplus in January

Leave a Reply

Your email address will not be published. Required fields are marked *