Facebook Reports Earnings Wednesday. Here Is What to Expect.

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Facebook Reports Earnings Wednesday. Here Is What to Expect.

Barrons2021-04-28

Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday. As ...

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Timz
·2021-04-29
Please like and comment
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Jeremylok
·2021-04-29
Pls like and comment
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- MrSoh:
  Pls like and comment
  2021-04-29
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JKGan
·2021-04-29
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- JKGan:
  ok
  2021-04-29
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- EugeneLimYC:
  Comment back thanks
  2021-04-29
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phantom74
·2021-04-29
Wow....
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Kelvinphan
·2021-04-29
Like & comment
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cassan
·2021-04-29
Latest
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BigMac8885
·2021-04-29
Pls help like and comment :)
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- BigMac8885:
  ThaNks
  2021-04-30
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- Kelvinphan:
  Done ... pls help response back
  2021-04-29
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- BigMac8885:
  Thanks
  2021-04-29
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elite
·2021-04-29
Please like and comment
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- BigMac8885:
  Nice
  2021-04-29
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hwhw123
·2021-04-29
Just wow!
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Traderer
·2021-04-29
Good
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claratan
·2021-04-29
Nice
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- Grit100:
  ok
  2021-04-29
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Yasmine
·2021-04-29
Wow
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- liangwee888:
  wow
  2021-04-29
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Grit100
·2021-04-29
.
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JayWin
·2021-04-29
Pls like and response, cheers
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siewming
·2021-04-29
FB no doubt will just growth stronger and stronger. Their earning power will be there all the time
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AminB
·2021-04-29
Pls like and comment.Thanks
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- AminB:
  Thanks David
  2021-04-29
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- DavidKoh:
  Done. like and comment plS
  2021-04-29
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nicksoh2021
·2021-04-29
Pls like and comment.
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- banchin:
  Noted
  2021-04-29
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- AminB:
  DoNe.Pls do the saMe
  2021-04-29
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liangwee888
·2021-04-29
wow
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- Yasmine:
  comments
  2021-04-29
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WVY
·2021-04-29
Oh
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Alice156
·2021-04-29
Good
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Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.\nIncluding sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.\nFacebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.\nBeyond advertising, BMO Capital Markets analyst Daniel Salmon wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.\nIn March, Facebook chief executive Mark Zuckerberg said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.\nInvestors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.\nOn Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.\nZuckerberg and Apple (APPL) CEO Tim Cook have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.\nBofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”\nFacebook finance chief David Wehner has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.\nOf the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. 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... pls help response back","text":"Done ... pls help response back","html":"Done ... pls help response back"},{"id":4164145,"gmtCreate":1619649722732,"gmtModify":1680786073167,"authorId":3579506230138289,"author":{"id":3579506230138289,"authorId":3579506230138289,"name":"BigMac8885","avatar":"https://static.tigerbbs.com/e583c75322dd4651672938ebba8683b7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100708970,"type":1,"supId":4164010,"prevId":0,"content":"Thanks ","text":"Thanks ","html":"Thanks "}],"langContent":"EN"},{"id":100701760,"gmtCreate":1619648025650,"gmtModify":1704727201809,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and 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