FB stock

31 Jul: Facebook stock soars 6% after-hours on a strong beat

Facebook stock news

“Shares in social media giant Facebook (FB) soared 6.5% in Thursday’s after-hours trading after the company reported better-than-hoped earning results for the second quarter.

Specifically, Q2 GAAP EPS of $1.80 beat Street estimates by $0.40 while revenue of $18.69B also topped Street expectations by $1.33B, and was up 10.7% from the same period last year. Ad revenue was also up 10% at $18.32B (vs. consensus of $16.95B)- and Facebook expects a similar strong rate of growth for the third quarter.

Meanwhile daily active users (DAU) surged to 1.79B vs. the consensus of 1.75B- and similarly monthly active users (MAU) of 2.70B easily beat the consensus of 2.63B. That’s with average revenue per user (ARPU) at $7.05, again higher than the expected forecast of $6.63.

Also of note, operating income spiked 29% to $5.96B (31.9% margin), with net income almost doubling to $5.18B thanks to a significantly lower effective tax rate.

Looking forward, FB trimmed its 2020 Opex outlook by $1B at the high end to $52–55B but said its 2020 Capex would be around $16B ($14–16B prior).”

Stock market data: https://finance.yahoo.com/news/facebook-soars-6-hours-strong-053617978.html

Facebook stock chart

Facebook stock chart
Facebook stock chart

Stock market data: Stocks charts

14 Jun: FB stock price performance for the week ending on June 12, 2020

FB stock price

FB stock closed at 228.58+4.15 (+1.85%) on Friday June 12,2 2020. For the week ending on June 12, 202o FB stock had a performance of -0.95%. Shares of Facebook, Inc. (NASDAQ:FB) have a 52-week range of 137.10 – 241.21. Facebook stock has a Beta of 1.05, and a PE Ratio of 31.32. Facebook has a market capitalization of $651.25 Billion as of June 12, 2020.

Stock market data: MarketWatch

FB stock chart

FB stock chart
FB stock chart

Source: Stockscharts

08 Jun: FB stock price weekly performance for June 5, 2020

Facebook, Inc. (FB) stock price performance for the week ending on June 5, 2020

FB stock price performance for the week ending on June 5, 2020, was -0.49%. FB stock price at the close on June 5, 2020, was 230.77+4.48 (+1.98%). The stock has a 52-week range of 137.10 – 240.90 and a P/E ratio of 31.62. FB stock has a YTD performance of +12.43%. Shares of Facebook Inc. (NASDAQ:FB) have a beta of 1.06, and the company has a market cap of 657.487B.

Stock market data: MarketWatch

FB stock chart

FB stock chart
FB stock chart

Stock market source: Stockscharts, daily chart for Facebook Inc. (FB) stock as of June 5, 2020

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29 Mar: FB stock price gained over 4.5% this week

Facebook, Inc. (FB) stock

Facebook, Inc. (FB) stock closed at 156.79-6.55 (-4.01%) on Friday, March 27, 2020. Facebook, Inc. (FB) stock for the week gained +4.72%.

Facebook, Inc. (FB) stock daily chart
Facebook, Inc. (FB) stock daily chart

Facebook, Inc. (FB) stock news

Stock market data: MarketWatch, Stockscharts

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