Facebook Reports Third Quarter 2018 Results

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Go back to Facebook Reports Third Quarter 2018 Results

Facebook (FB) PT Lowered to $170 at Morgan Stanley

October 31, 2018 7:50 AM EDT

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook (NASDAQ: FB) to $170.00 (from $175.00) while maintaining an Overweight rating following the company's 3Q earnings report.

FB's '19 opexgrowth/capexguide of 40-50%/$18-20bn signal another year of investment for the company. Key... More

Facebook (FB) PT Lowered to $190 at Monness, Crespi, Hardt; 'Less Scary Than Expected'

October 31, 2018 7:49 AM EDT

Monness, Crespi, Hardt analyst Brian White lowered the price target on Facebook (NASDAQ: FB) to $190.00 (from $205.00) while maintaining a Buy rating, saying results were "less scary than expected."

White commented, "Last night, Facebook reported 3Q:18 results that essentially met our expectations and the... More

Facebook (FB) PT Lowered to $220 at Susquehanna

October 31, 2018 6:28 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Facebook (NASDAQ: FB) to $220.00 (from $250.00) while maintaining a Positive rating following results.

"2019 should see bottoming out for margins and pace of revenue growth decelerate," the analsyt commented. "We are buyers."

... More

Facebook (FB) Tops Q3 EPS by 29c, Revenue Misses Views

October 30, 2018 4:06 PM EDT

Facebook (NASDAQ: FB) reported Q3 EPS of $1.76, $0.29 better than the analyst estimate of $1.47. Revenue for the quarter came in at $13.73 billion versus the consensus estimate of $13.78 billion.

Third Quarter 2018 Operational and Other Financial Highlights

Daily active users (DAUs) DAUs were 1.49 billion on average for... More