Facebook: Q3 EPS above expectations
(CercleFinance.com) - Facebook has reported Q3 2019 earnings that are up 19% at 6.
09 billion dollars, or 2.12 dollars per share, meaning EPS that is about twenty cents above the consensus.
Revenue of the social networking giant rose 29% to nearly 17.7 billion dollars, mainly comprised of mobile advertising (94% of advertising revenue), with the number of average monthly users up 8% to 2.45 billion.
In addition, the group estimates that about 2.2 billion people use Facebook, Instagram, WhatsApp or Messenger each day on average, and about 2.8 billion at least one of these services each month.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
09 billion dollars, or 2.12 dollars per share, meaning EPS that is about twenty cents above the consensus.
Revenue of the social networking giant rose 29% to nearly 17.7 billion dollars, mainly comprised of mobile advertising (94% of advertising revenue), with the number of average monthly users up 8% to 2.45 billion.
In addition, the group estimates that about 2.2 billion people use Facebook, Instagram, WhatsApp or Messenger each day on average, and about 2.8 billion at least one of these services each month.
Copyright (c) 2019 CercleFinance.com. All rights reserved.