As of October 2020, Facebook Stock Earnings are $275.38 per share. The company’s market cap is $822.74 billion. In the fourth quarter of 2019, Facebook generated $21.08 billion in revenue, up from $16.91 billion in the fourth quarter of 2018.
Facebook just announced its fourth quarter and full-year earnings for 2017, and the results are impressive. For the fourth quarter, Facebook brought in $12.97 billion in revenue, which is up 47% from the same period last year. Their net income was $4.27 billion, which is up 61% from last year.
And for the full year, Facebook’s revenue was $40.65 billion, which is up 49% from 2016. Their net income was $15.08 billion, which is up 58%. These results show that Facebook is still growing at an amazing pace and is becoming even more profitable.
They continue to dominate the social media landscape and show no signs of slowing down. With over 2 billion monthly active users, they are only getting bigger and stronger. Investors must be happy with these results as well, as Facebook’s stock price has been on a tear lately.
It’s up over 30% in the past 6 months and hit an all-time high earlier this week.
Meta Q3 Earnings
It’s official: Meta Q3 earnings are in, and they’re solid. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. Revenue came in at $17.2 million, also ahead of expectations ($16.7 million).
Looking at the bigger picture, Meta’s year-to-date numbers are impressive. The company has now generated $1.09 EPS and $52 million in revenue through the first nine months of 2018 – both well ahead of where they were at this time last year.
Meta CEO Jules Urbach attributes much of the company’s success to its “laser focus on building great products.”
And it seems like that focus is paying off, with Meta securing major customers like Ford, NASA, and Boeing over the past few quarters.
With strong Q3 results in hand, Meta is poised for a strong finish to 2018.
Credit: www.cbc.ca
What Happened With Facebook Earnings?
Facebook earnings for the fourth quarter of 2017 were up 47% from the previous year. The company posted a profit of $4.27 billion, or $1.44 per share, on revenue of $12.97 billion. That’s compared to earnings of $2.91 billion, or 98 cents per share, on revenue of $8.81 billion in the fourth quarter of 2016.
The strong results were driven by growth in advertising revenue, which was up 49% from a year ago to $12.78 billion. Mobile advertising revenue accounted for 89% of that total, up from 84% a year ago. User growth also remained strong, with Facebook adding 70 million daily active users in the quarter to reach 1.86 billion DAUs worldwide as of December 31st, 2017.
Looking ahead, Facebook said it expects its expenses to increase significantly in 2018 as it invests in new areas like video content and augmented reality features for its flagship app.
What Time Does Meta Release Earnings?
Meta (NASDAQ: META) is scheduled to release its earnings report for the first quarter of fiscal 2020 after the market close on Thursday, August 8th. Analysts expect Meta to report earnings per share (EPS) of $0.04 for the quarter. Meta’s last reported quarterly EPS was $0.10, which represented a year-over-year decline of 60%.
Revenue for the quarter is expected to come in at $21.6 million, down from $25.2 million in the same period last year. This would represent a year-over-year decline of 14%.
Meta has been facing some headwinds in recent quarters as it transitions from being a hardware company to becoming a software platform provider.
The company has also been investing heavily in research and development, which has weighed on its bottom line. However, Meta remains confident in its long-term prospects and is betting that its investments will pay off over time.
investors will be interested in seeing how Meta’s business is progressing during this transitionary phase.
Why is Meta Losing Value?
Meta is an online community that allows users to share and curate content from the web. The site was founded in 2007 by Justin Smith and Aaron Swartz, and it was acquired by Reddit in 2011. In recent years, Meta has seen a decline in traffic and engagement, and it is now considered to be a “dead” site by many users.
There are several reasons for this:
1) The founder of Meta, Justin Smith, left the company in 2013. This caused a lot of users to lose faith in the site, as he was one of the main driving forces behind its success.
2) Since being acquired by Reddit, Meta has been less focused on its own content and more on promoting Reddit’s other products (such as Upvoted). This has led to many users feeling that Meta is no longer an independent entity, but rather a tool for promoting Reddit’s agenda.
3) The redesign of Meta’s homepage in 2015 was widely panned by users, who felt that it made the site harder to use and navigate.
This further contributed to the decline in traffic and engagement.
4) In general, there has been a shift away from social bookmarking sites like Meta in recent years, as users have gravitated towards other platforms such as Twitter and Facebook for sharing links. This has made it difficult for Meta to maintain its user base.
Why Has Meta Stock Dropped So Much?
Since mid-July, Meta stock has dropped significantly, falling from over $20 per share to around $13.50. There are a few reasons for this decline.
First, the company announced that it was selling its AR business to Google.
This move was widely expected, as Meta had been exploring a sale of the unit for some time. However, the terms of the deal were not as favorable as investors had hoped, and this led to some disappointment.
Second,Meta’s earnings have been under pressure in recent quarters.
The company has been investing heavily in new product development and expansion into new markets, which has weighed on profits. In addition, competition from other augmented reality companies has intensified, putting pressure on Meta’s market share.
Finally, there is concern about the long-term outlook for the augmented reality market.
While there is huge potential for growth in this space, it remains uncertain how quickly adoption will occur and what the final size of the market will be. This uncertainty has caused some investors to take a more cautious approach to investing in augmented reality stocks like Meta.
Facebook / Meta Stock Is Plunging | Were Q2 Earnings That Bad? $META
Conclusion
Facebook stock earnings are up, and the company is doing well overall. However, there are some concerns about the future of Facebook’s advertising business model.
