Company News: Facebook (FB) quarterly earnings miss analysts’ forecast

Market news

30 January 2020

Company News: Facebook (FB) quarterly earnings miss analysts’ forecast

Facebook (FB) reported Q4 FY 2019 earnings of $2.56 per share (versus $2.38 per share in Q4 FY 2018), missing analysts' consensus estimate of $2.58 per share.

The company's quarterly revenues amounted to $21.082 bln (+24.6% y/y), roughly in line with analysts' consensus estimate of $20.897 bln.

FB fell to $207.01 (-7.27%) in pre-market trading.

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