Instant Alert: LIVE: Facebook earnings

Posted On // Leave a Comment

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

LIVE: Facebook earnings

by Jillian D'Onfro on Jul 27, 2016, 3:50 PM

Advertisement

Facebook is all set to deliver its Q2 earnings on Wednesday after the bell. 

Here's what analysts are expecting, via Yahoo Finance:

Q2 earnings per share (adjusted): $0.82

Q2 revenue: $6.02 billion, up 49% year-over-year

Wall Street also expects to see a continued increase in both daily and monthly active users. 

We're expecting to hear more about monetization for Facebook's chat app, Messenger, which just hit 1 billion users, and the growth of its Audience Network, which started tracking (and letting brands advertise to) people without Facebook accounts in May. 

Facebook's push into Live video will probably also come up on the earnings call — the company has divvied out more than $50 million to publications like Buzzfeed and Business Insider to experiment with the platform. 

Business Insider will be covering Facebook's results as they come out, so hit refresh or click here for the latest updates.

SEE ALSO: Facebook gives its Oculus employees a dystopian sci-fi book to get them excited about building the future


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
Email sent to:   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

0 comments:

Post a Comment