Facebook (NASDAQ FB) remains the world’s largest social networking site by a distance. The social networking site is doing wonders in the market. It is also scheduled to release its earnings report this coming week. There have been a lot of estimates about the earnings going around in the market and therefore we will closely look at what we can expect from the NASDAQ FB stock in the coming weeks.
In this article, we will scrutinize the Facebook stock and look at what the stock might look like in the coming days. It would be intriguing to see how the stock pans out in the coming days with the latest earnings report scheduled to come out.
Facebook leads the social networking segment with ease. It is however the various other sectors in which it has invested, which makes it such a good firm. The acquisitions of whatsApp and Instagram are sure to pay off in the long run. Moreover, projects which land Facebook into new segments would also help.
Facebook Inc: Earnings Report
According to various market reports, Facebook may well be looking at an EPS of $0.40 and a revenue of $3.56 Billion. This would be particularly encouraging for any investor. In fact, expectations are that the NASDAQ FB stock would be able to surpass these numbers and with some ease too.
Facebook remains one stock whose estimates have remained the same for the past three months. These are encouraging signs for the company as some stability would be welcomed by the investors.
Facebook Inc (NASDAQ FB) Business News
Facebook (NASDAQ FB) remains a strong stock in the market today. The NASDAQ FB script has been put on hold by many analysts but with the Q3 reports coming in next week, the stock may well see some upside.
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