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Facebook Q2 EPS $1.80 Beats $1.39 Estimate, Sales $18.69B Beat $17.40B Estimate, Advertising Revenue $18.321B

Facebook (NASDAQ: FB) reported quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.39 by 29.5 percent. This is a 9.55 percent decrease over earnings of $1.99 per share from the same period last year.

Benzinga · -
Facebook (NASDAQ: FB) reported quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.39 by 29.5 percent. This is a 9.55 percent decrease over earnings of $1.99 per share from the same period last year. The company reported quarterly sales of $18.69 billion which beat the analyst consensus estimate of $17.40 billion by 7.40 percent. This is a 10.67 percent increase over sales of $16.89 billion the same period last year.