Facebook Q2 Earnings Coming Amid Heavy Spending

By | July 25, 2015

Scalper1 News

In the midst of investing heavily on new products, Facebook (FB) is set to report earnings after the market close Wednesday. The consensus estimate is for Facebook to report Q2 revenue of $3.97 billion, up 36% from Q2 2014. But those results would mark the fifth quarter in a row of slower growth. The consensus on earnings per share minus items, based on analysts polled by Thomson Reuters, is 47 cents, up 12%. It would be the company’s slowest Scalper1 News

Scalper1 News