Facebook set to report third-quarter earnings after the bell

Average revenue per user:The company is expected to report revenue growth of 27% from a year earlier, which would mark the third straight quarter of sub-30% expansion. Competition in the online ad market has increased, in particular withbecoming a bigger player, but Facebook is finding more avenues for ad growth at Instagram and through new formats like Stories.

"Facebook continues to grow users and advertising revenue on the core Facebook platform but is seeing growth increasingly fueled by faster-growing, younger-skewing Instagram," wrote analysts from Stifel, in a report this week. The firm has a hold rating on the stock. Facebook's greater concern of late has been at the regulatory level, where the company faces intense pressure for its mishandling of user data and, more recently, its decision to run political ads without fact-checking them. Last week, CEOwas heavily criticized for his position on political ads when he testified before Congress in a hearing about the libra cryptocurrency, which the company is spearheading.

Still, the regulatory and political scrutiny hasn't kept Facebook from pushing into new products. Earlier this month, it launched the

Stop making stupid people richer DeleteFacebook it's crap you dont need

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alphabet to report third-quarter earnings after the bellAnalysts expected Alphabet to gain on another strong quarter of sales.
Source: CNBC - 🏆 12. / 72 Read more »

Here's what every major analyst expects from Facebook earningsWall Street analysts predict what will happen with Facebook's earnings report after the bell. Boycott Facebook immediately Nothing. Been a minute since I last saw SaraEisen on closing bell.
Source: CNBC - 🏆 12. / 72 Read more »

Credit Suisse earnings: Q3 net profit comes in at 881 million Swiss francs, vs. 816 million Swiss francs expectedCredit Suisse reported its earnings for the third quarter on Wednesday. 👀
Source: CNBC - 🏆 12. / 72 Read more »

Taco Bell parent Yum posts earnings and revenue that miss expectationsKFC's parent company reported earnings before the bell Tuesday. It’s garbage food Just throw it on the pile of other bad earnings and forget it. It’s “not QE” day! surprise surprise. ppl r not eating as much dog food!
Source: CNBC - 🏆 12. / 72 Read more »

LIVE: Here come Alphabet's earningsGoogle's parent company is reporting its third-quarter results on Monday. Wall Street is expecting strong sales but declining earnings.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Alphabet earnings miss, driving down shares 2%Alphabet Inc., the parent company of Google, reported a third-quarter earnings miss that sent its stock down 3.4% in after-hours trading on Monday.
Source: MarketWatch - 🏆 3. / 97 Read more »