$Meta Platforms, Inc.(FB)$an unexpected good outcome[Surprised] .
Post markeabout it +18%+ up [Surprised] ... isn't there a bit too huge increased? And previously , I guess it may do the worst [Speechless] ... seem likemy favourite $Alphabet(GOOGL)$do the worst currently [Duh].
$Meta Platforms, Inc.(FB)$ profit beat Wall Street targets at $2.72 per share, whose average analyst estimate is $2.56, according to IBES data from Refinitiv. [Surprised]
Facebook daily active users (DAU), a key metric for advertisers, were 1.96 billion, slightly higher than the estimate of 1.95 billion, according to IBES data from Refinitiv. (What the... [Speechless] )
Monthly active users came in at 2.94 billion, missing Wall Street estimates by 30 million [Thinking] .
Russia banned FB and Instagram in March, finding FB guilty of "extremist activity" amid Moscow's crackdown on social media during its invasion of Ukraine. (Yup[serious] , but why they still can do even better than GOOGL? Is it because ppls migrate back to FB from Twitter?[Doubt] )
Meta's messaging service WhatsApp is not affected by the ban. (What?![Surprised] How come like this one?)
Meta has also barred advertisers in Russia from creating and running ads anywhere in the world. (Expected [Grin] )
Total revenue, the bulk of which comes from ads sales, rose 7% to $27.91 billion in the first quarter, but missed analysts' estimates of $28.20 billion, according to IBES data from Refinitiv. (What the...[Speechless] , how?[Surprised] )
FB forecast second-quarter revenue between $28 billion and $30 billion. Analysts on average were expecting current-quarter revenue of $30.63 billion (Hmm...[Thinking] ).
So, had we been tricked by those previous analysts or is the previous estimate is slightly off the timing...[Helpless] ?
Will we see the begin of slowdown 🐌 in revenue in 2Q 2022?
We'd been had again by WS [Facepalm] ...
Well, grazt to all FB holders who bought it low in the previous days[Grin] before the report.
Not every company stock will soar with good reports... T...[Silence]
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Typo... [Facepalm]
Must be Jim Cramer's curse 🤬 , just kidding [LOL].