Facebook Reports Second Quarter 2020 Results
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Facebook (FB) PT Raised to $320 at RBC Capital
July 31, 2020 8:05 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Facebook (NASDAQ: FB) to $320.00 (from $271.00) while maintaining an Outperform rating.
The analyst commented, "FB printed Better Than Hoped (BTH) Q2 results, beating RBC/Street on Revenue and Op Inc thanks to accelerated user & engagement... More
Facebook (FB) Tops Q2 EPS by 41c
July 30, 2020 4:06 PM EDT(Updated - July 30, 2020 4:06 PM EDT)
Facebook (NASDAQ: FB) reported Q2 EPS of $1.80, $0.41 better than the analyst estimate of $1.39. Revenue for the quarter came in at $18.69 billion versus the consensus estimate of $17.4 billion.
Facebook daily active users (DAUs) DAUs were 1.79 billion on average for June... More