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

Market news

31 July 2020

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

Facebook (FB) reported Q2 FY 2020 earnings of $1.80 per share (versus $1.99 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.38 per share.

The company’s quarterly revenues amounted to $18.690 bln (+10.7% y/y), beating analysts’ consensus estimate of $17.361 bln.

FB rose to $248.20 (+5.84%) in pre-market trading.

Company News: Alphabet (GOOG) quarterly results beat analysts’ expectations

Japan pushes back budget surplus target by two years due to coronavirus

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.