• Company News: Facebook (FB) quarterly results beat analysts’ forecasts

Market news

31 January 2019

Company News: Facebook (FB) quarterly results beat analysts’ forecasts

Facebook (FB) reported Q4 FY 2018 earnings of $2.38 per share (versus $2.21 in Q4 FY 2017), beating analysts’ consensus estimate of $2.18.

The company’s quarterly revenues amounted to $16.914 bln (+30.4% y/y), beating analysts’ consensus estimate of $16.396 bln.

FB rose to $168.07 (+11.73%) in pre-market trading.

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