Likes (FB Earnings)
Facebook (FB) will report 2Q21 results after the close today.
For a point of comparison, GOOG shares were up 17% from its Q1 earnings report, while shares of FB have shot higher by 22%. (Expectations are high)
For the quarter, analysts are forecasting FB to post EPS of $3.03 on revenue of $27.9 bln, equating to yr/yr growth of 68% and 49%.
FB is up against its easiest yr/yr comparison this quarter, setting the stage for robust yr/yr growth rates.
DAUs and MAUs are two other key metrics to keep an eye on.
Last quarter, DAUs increased by 8% to 1.88 bln, while MAUs were up 10% to 2.85 bln.
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