Facebook Inc (NASDAQ:FB) announced its earnings report for the three month period April- June this afternoon after the markets closed on Wall Street. The company showed earnings of $0.19 per share for the quarter on revenue totaling $1.8 billion. On today’s market Facebook Inc (NASDAQ:FB) stock trended upward, finishing the day at $26.51 per share. In the lead up to the announcement of these numbers, analysts following Facebook Inc (NASDAQ:FB) were looking for earnings of 14 cents per share from the company by consensus. Revenue in the three months was expected to come to $1.62 billion. In the the same three…
Facebook Inc (FB) Crushes Earnings Estimates
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.