Wall Street has been bullish about Facebook despite its two years of scandals.
Facebook reports its Q2 2019 financial results after markets close on Wednesday. The results come just hours after the US Federal Trade Commission announced it has reached a record-breaking $5 billion settlement with Facebook over the company's myriad privacy issues. Here are the key numbers Wall Street is expecting, via Bloomberg: Earnings Per Share GAAP: $1.89 Revenue: $15.08 billion, up roughly 14% year-over-year. Daily Active Users: 1.57 billion, up from 1.
Facebook reports its Q2 2019 financial results after markets close on Wednesday. The results come just hours after the US Federal Trade Commission announced it has reached a record-breaking $5 billion settlement with Facebook over the company's myriad privacy issues. Here are the key numbers Wall Street is expecting, via Bloomberg: Earnings Per Share GAAP: $1.89 Revenue: $15.08 billion, up roughly 14% year-over-year. Daily Active Users: 1.57 billion, up from 1.
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