Your Earnings Season Preview: Facebook
by XY Trader
Past Performance: Facebook (FB) is still too new to go too in-depth into the past performance of the stock. Facebook has only been public long enough to have reported three quarters of earnings versus Wall Street expectations. Out of those three quarters, Facebook has met expectations once and beaten expectations twice. Facebook's mobile ad revenue grew by 100% between the third quarter of 2012 and the fourth quarter of 2012. Wall Street is sure to be looking at mobile ad revenue growth hard. read more »
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