Facebook Earnings Imminent
Facebook Inc. (NASDAQ:FB) will unveil its latest earnings after-the-bell, Wednesday, January 30, 2013.
Facebook Inc. – Class A Earnings Preview Cheat Sheet
The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 76.7% compared to last year’s 10 cents.
Past Earnings Performance: The company is hoping to beat estimates after missing the mark for two straight quarters. Last quarter, it reported profit of 6 cents per share against an estimate of net income of 7 cents per share. The quarter before that, it missed forecasts by 17 cents.
Here’s how Facebook traded today leading up to its earnings release: