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

Market news

29 July 2021

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

Facebook (FB) reported Q2 FY 2021 earnings of $3.61 per share (versus $1.80 per share in Q2 FY 2020), beating analysts’ consensus estimate of $3.02 per share.

The company’s quarterly revenues amounted to $29.077 bln (+55.6% y/y), beating analysts’ consensus estimate of $27.890 bln.

FB fell to $358.00 (-4.09%) in pre-market trading.

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