Facebook stock tanked 7 percent after releasing Q4 Earnings
- Posted on January 30, 2020
- Editors Pick
- By admin
Facebook Q 4 earnings data
Facebook reported Earnings (EPS) of $2.56 vs. $2.53 per share forecast by Refinitiv.
· It’s
Revenue came in at $21.08 billion vs. $20.89 billion forecast
by Refinitiv.
· Daily
active users (DAUs) came in at 1.66 billion vs. 1.65 billion forecast
by FactSet.
· And
monthly active users (DAUs): 2.5 billion vs. 2.5 billion forecast by
FactSet.
· Also,
the average revenue per user (ARPU): $8.52 vs. $8.38
forecast by FactSet.
The company reported that its cost and expenses for the year 2019
went up by 51 percent to $46.71 B when compared to 2018 cost and expenses numbers.
According to the data released during the report, Facebook
reported revenue growth of about 24.7% compared to a year prior,
making it the fourth straight quarter that the company delivered sub-30%
growth.
Points for investors to pay attention to -
The company stated that it would buy back about $10 billion
shares in its stock repurchase program.
Facebook did well on the business side but the stock went down due
to the possible regulations that may affect them. As a result, the stock was
down 7 percent from $223 to $ 209.53 -13.70 (-6.14%)
now around 2.9 billion people using Facebook,
Instagram, WhatsApp or Messenger each month, and
around 2.3 billion people using at least one
of our services daily. There are now more than 140 million
small businesses that use our services to
grow -- the vast majority of which use our services for free”.
- Q4 total revenue was $21.1 billion, up 25% or 26%
- Q4 total ad revenue was $20.7 billion, up 25% or 26%
- FB grew 33% and 28%, respectively. Europe and US & Canada grew more slowly at 24% and 22%,
- respectively.
- Total expenses were $12.2 billion in Q4, up 34%.
- Operating income was $8.9 billion
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