Facebook Stock Near Highs As Earnings Report Looms

By | July 21, 2014

Scalper1 News

Facebook (FB) will report Q2 earnings after the market close Wednesday with growth that only looks soft compared to its own recent performance. Facebook is expected to report revenue of $2.8 billion, up 56% from the same quarter a year ago but slower than the 72% growth in Q1. The consensus estimate on earnings per share ex items, as polled by Thomson Reuters, is 32 cents, up 68%. The social media giant easily topped profit estimates when it Scalper1 News

Scalper1 News