Close

Evercore Partners Trims PT on Facebook (FB) Following Q1 Results; Valuation is Full

Go back to Evercore Partners Trims PT on Facebook (FB) Following Q1 Results; Valuation is Full

Facebook (FB) at 'Center of Mobile Ad Revolution', Goldman Reiterates Buy

May 2, 2013 8:50 AM EDT

Following Facebook (NASDAQ: FB) Q1 results yesterday, Goldman Sachs reiterated a Buy rating on the stock with a price target of $40.00. Facebook revenue topped Street estimates at $1.46 billion vs $1.44 billion, while EPS missed by at penny at 12 cents. In Goldman Sachs analyst Heather Bellini's view, the big surprise was mobile ad revenue.

"Mobile was... More

Jefferies Bumps Numbers on Facebook (FB) Post Q1; Mobile Gains at Expense of Desktop

May 2, 2013 7:56 AM EDT

Jefferies bumped numbers on Facebook (NASDAQ: FB) higher following Q1 results but maintained a Hold rating.

The firm's price price target goes form $30 to $31, Q2 EPS goes from $0.10 to $0.12, FY 2013 EPS goes from $0.44 to $0.50 and FY 2014 EPS goes from $0.59 to $0.68.
... More

Facebook (FB) Misses Q1 EPS by 1c, Sales Stronger

May 1, 2013 4:06 PM EDT

Facebook (NASDAQ: FB) reported Q1 EPS of $0.12, $0.01 worse than the analyst estimate of $0.13. Revenue for the quarter rose 38% to $1.46 billion versus the consensus estimate of $1.44 billion.

Daily active users (DAUs) were 665 million on average for March 2013, an increase of 26% year-over-year.
Monthly... More