Facebook investors will be looking for signs it can shift its business to focus more on privacy while continuing to grow revenue and users.
Investors are waiting to see how Facebook is preparing for its shift toward a focus on privacy when it releases its latest earnings.
div > div.group > p:first-child"> Facebook is expected to report its first-quarter earnings after the bell on Wednesday. Here's what analysts expect: First-quarter EPS estimates are down 3.5% year-over-year. Last quarter, Facebook beat revenue estimates and met global daily active user estimates. The company advised it expected revenue deceleration for the first quarter of 2019 and full-year expenses to jump between 40% and 50% compared to full year 2018.
The company is undergoing a major transition from News Feed ads as it grows ad revenue from its newer Stories products. Already, Facebook-owned Instagram claims to have 500 million daily Stories users. In a March memo, CEO Mark Zuckerberg wrote that the future of the company will be"private, encrypted services." The company is working to integrate the messaging functions of WhatsApp, Messenger and Instagram, and Zuckerberg said he expects"Messenger and WhatsApp to become the main ways people communicate on the Facebook network." Investors will be looking for signs it can shift its business to focus more on privacy while continuing to grow revenue and users.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Snap to report first-quarter earnings after the bellSnap investors will be looking for signs that last quarter's user growth was no fluke.
Weiterlesen »
Here's what the Street expects from Twitter's first-quarter earningsTwitter is set to release its first quarter 2019 earnings on Tuesday.
Weiterlesen »
Caterpillar is set to report earnings before the bell — here's what the Street expectsCaterpillar is reporting first-quarter earnings before the bell on Wednesday.
Weiterlesen »
Boeing earnings expected before the bell as market looks for 737 Max newsBoeing's first-quarter earnings report is expected before the market opens on Wednesday.
Weiterlesen »
Nestle upbeat after U.S. and China boost first-quarter growthNestle posted higher-than-expected sales growth in the first three months of the...
Weiterlesen »
Unilever first-quarter sales top expectationsConsumer goods group Unilever reported stronger than expected quarterly underlyi...
Weiterlesen »
Nestlé’s U.S. Strategy Sweetens First-Quarter SalesNestlé saw a pickup in North American sales led by price increases and pet care, as the Swiss consumer goods giant posted first-quarter growth that exceeded analysts’ expectations.
Weiterlesen »
AmEx posts lower-than-expected first-quarter revenueCredit card issuer American Express Co's quarterly revenue missed analysts&...
Weiterlesen »
Expectations for first-quarter growth have suddenly surged past 2%First quarter growth perked up late in the quarter, to well above 2% after looking to be 1% or less when the economy was being hit by winter storms and the government shutdown.
Weiterlesen »
Huawei says its first-quarter revenue jumped 39% despite political pressureHuawei said 2019 'will be a year of large-scale deployment of 5G around the world' and its carrier business 'has unprecedented opportunities for growth.'
Weiterlesen »
Huawei first-quarter revenue grows 39 percent to $27 billion amid heightened U.S. pressureHuawei Technologies said on Monday its first-quarter revenue jumped 39 percent t...
Weiterlesen »