Facebook Q3 Earnings Expected To Maintain Momentum

By | October 27, 2014

Scalper1 News

Facebook (FB) will report Q3 earnings after the market close Tuesday, with expectations for double-digit growth on the top and bottom lines. The consensus estimate among analysts polled by Thomson Reuters is for revenue of $3.1 billion, an increase of 55% from the same quarter a year ago. Wall Street is looking for earnings per share minus items of 40 cents, up 60% year-over-year but a slowdown from the triple-digit growth reported in the previous Scalper1 News

Scalper1 News