Earnings

Facebook (FB) earnings Q4 2020

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Facebook stock was up in after-hours trading on Wednesday after the company reported its fourth-quarter earnings. The company warned the looming changes in Apple’s iOS 14 and a reversal in pandemic trends could hurt its advertising business.

Here are the numbers:

  • Earnings: $3.88 per share vs $3.22 per share forecast by Refinitiv
  • Revenue: $28.07 billion vs $26.44 billion forecast by Refinitiv
  • Daily active users (DAUs): 1.84 billion vs 1.83 billion forecast by FactSet
  • Monthly active users (MAUs): 2.8 billion vs 2.76 billion forecast by FactSet
  • Average revenue per user (ARPU): $10.14 vs $9.49 forecast by FactSet

Facebook CEO Mark Zuckerberg said that the company is now considering steps to…



Source cnbc.com

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