Facebook Next MySpace, Study Says; Analysts Upbeat

By | January 22, 2014

Scalper1 News

Facebook (FB) could lose 80% of its users between 2015 and 2017 and could be headed to MySpace land, warns a Princeton University study. But near term, the social networking firm will “meet high investor expectations” when it reports Q4 results on Jan. 29, says William Blair & Co. Analysts polled by Thomson Reuters expect Facebook’s Q4 EPS ex items to rise 58% from the year-earlier quarter to 27 cents, with revenue soaring 48% to $2.24 billion. Scalper1 News

Scalper1 News