Facebook Reports First Quarter 2017 Results

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Go back to Facebook Reports First Quarter 2017 Results

Facebook (FB) PT Raised to $185 at Deutsche Bank; More Confident in 2nd-Half Ad Growth Prospects

May 4, 2017 6:28 AM EDT

Deutsche Bank raised its price target on Facebook (NASDAQ: FB) to $185.00 (from $180.00) while maintaining a Buy rating following solid Q1 results.

Analyst Lloyd Walmsley said they fee better about 2nd-half ad growth prospects despite strong pricing growth, a reduction in newsfeed... More

Facebook (FB) Misses Q1 EPS by 8c, Revs Beat

May 3, 2017 4:13 PM EDT

Facebook (NASDAQ: FB) reported Q1 EPS of $1.04, $0.08 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $8.03 billion versus the consensus estimate of $7.83 billion.

*** Facebook is no longer reporting non-GAAP expenses, income, tax rate, and earnings per share (EPS).

First Quarter 2017... More