facebook q3 earnings 2020

Apple, Amazon, and Facebook shares tumbled on Friday after the technology giants reported earnings on Thursday that disappointed investors.. Apple closed 5.6% … Operating Income 16.3. Globally, the earnings release paints a rosier picture both in terms of financial performance and user growth. Net Income 16.4. Average Revenue Per User Worldwide was $7.89, up from $7.26 y/y. Looking now to our cash flow on the next slide. The company earned $2.71 in per … Xbox hardware revenue has jumped 232 percent, with Surface up 12 percent. Facebook Q3 revenue, earnings crush expectations as user count tops expectations. Facebook Q3 2020 Earnings Call Oct 29, 2020, 6:00 p.m. The AAPL Q3 2020 earnings report will be made on July 30, said the company today. Monthly Active Users Operating Income 16.3. Revenues 16.2. Analysts surveyed by Refinitiv expected $1.75 in earnings per share and $17.41 billion in revenue for the first quarter. Oct 29, 2020 5:25PM EDT. 'Anticipate upside to Q3 results': Here's what 6 Wall Street analysts are saying about Facebook before its 3rd quarter earnings report Emily Graffeo Oct. 29, 2020, 12:45 PM Daily Active Users 16.7. Facebook delivered robust third-quarter 2020 results wherein it beat both earnings and revenue estimates. Things are different this year because Apple decided to release its new iPhone lineup this year in October instead of September. In Q3 2020, the adjusted earnings per share increased by 18% -- $0.18 to $1.48 compared to the same period one year ago. Arcimoto CEO and Founder Mark Frohnmayer delivers a company update for Q3 of 2020, highlighting the resumption of FUV production and delivery, our partnership with DHL for vehicle delivery, the development of the Roadster, plus much more in a wide-ranging Q&A session. Facebook is expected to report its Q3 results on October 29 and analysts expect sales to rise 11.7% year-over-year to $19.73 billion while earnings are forecast to decline by 11% to $1.89. Facebook's shares received a boost following its Q1 FY 2020 earnings report, which appears to have quelled investors' fears over how the company would perform during the pandemic. Facebook announced better-than-expected revenue and user numbers Thursday for its third-quarter earnings, showing the social network is starting to recover Facebook Q3 2020 earnings beats expectations in revenue growth – TodayHeadline Facebook (FB) Beats Q3 Earnings and Revenue Estimates. My … The social networker benefitted from better-than-expected gains in users during the quarter. 16. Facebook, Alphabet (Google's parent) and Amazon each reported solid growth for the third quarter of 2020, as COVID tailwinds continued. Zacks Equity Research Zacks Published. Net Income 16.4. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. X. The following slide deck was published by Facebook, Inc. in conjunction with their 2020 Q3 earnings call. That's up 29% from $6.09 billion, or $2.12 per share, a year earlier. Big Tech Q3 2020 Earnings Analysis: Drivers & Forecasts (Microsoft, Apple, Amazon, Facebook & Google) ABOUT US; ... Facebook Q3 2020 Earnings Analysis 16.1. Revenue by Facebook user geography is geographically apportioned based on our estimation of the geographic location of our users when they perform a … Facebook's (FB) third-quarter 2020 results are likely to reflect a burgeoning international user base, benefits from added features to Portal and security initiatives amid the coronavirus-led chaos. Facebook Q3 2020 Earnings Analysis . Apple's earnings data from calendar Q3 2020/its fiscal Q4 2020 saw the company set a new revenue record for September, even without iPhone 12 sales to back them up like they usually would during the quarter. Facebook's ad revenue rose 22% in the third quarter, as it beat analyst expectations of earnings growth. Facebook, Inc. (NASDAQ: FB) Q3 2020 earnings call dated Oct. 29, 2020 Facebook (NASDAQ: FB) reported third-quarter 2020 financial results after the closing bell on Thursday. Net earnings of $2.71 per share also surpassed the street consensus by a wide margin. Facebook has beaten analyst earnings estimates in three of the last four quarters and the stock trading at a discount compared to analyst target estimates. Facebook Daily Active Users were 1,820m, up from 1,623m y/y. ETFs to Soar on Robust Facebook Q3 Earnings - October 30, 2020 - Zacks.com Facebook reported third-quarter results late Thursday that came in well above Wall Street estimates, including user growth.Facebook stock fell sharply Friday. Cash Flows Operating and Net Margins 16.5. Earnings in Q4 skyrocketed, growing from Q3’s 32 cents per share to an impressive $1.45 per share. Facebook Q2 2020 Earnings Retrospection. Facebook Q3 2020 Sees 22% Ad Revenue Growth As It Beats Expectations – Deadline Q3 Tech Earnings: Facebook… In the second part of my Q3 2020 tech earnings review series, I covered Roku, Square, The Trade Desk, Datadog and JFrog. Good afternoon. The social media giant reported a 22% spike in Q3 revenue to $21.47 billion, which was well above the Wall Street consensus. Facebook: Facebook also exceeded expectations with its Q3 earnings, with revenue of $21.5bn (vs $19.8bn expected), up 22% YoY. Its Daily Active Users (DAUs) were also up 12% YoY to 1.82 billion. F acebook (FB) came out with quarterly earnings … For all of 2020, earnings came in at $2.06, compared to 30 cents for 2019. Contributor. Facebook notes that the pandemic has accelerated the shift of commerce to online which led to an increase in demand for its advertising services. Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. Roku Roku reported Q3 earnings on November 5th. Microsoft is reporting strong revenue growth for Surface, Xbox, and cloud services for Q3 2021. Average Revenue Per User in US & Canada was $39.63, up from $34.55 y/y. 16.1. T-Mobile recently revealed its Q3 2020 earnings in a call with its investors. Operating and Net Margins 16.5. $FHB First Hawaiian, Inc. Q3 2020 Earnings Call Transcript https://news.alphastreet.com/first-hawaiian-inc-fhb-q3-2020-earnings-call-transcript/ Notes from 10/31/2020. In this quarter, the Un-carrier crossed the 100 million total customer mark, letting them reach a momentous milestone. Revenues 16.2. ET. Facebook earned $7.85 billion, or $2.71 per share, in the July-September period. The 73% year-over-year revenue growth the company announced was 23% above consensus expectations. Family Daily Active People were 2.54b, up from 2.2b y/y. Facebook Calendar Q3 Earnings Notes. q3'19 q4'19 q1'20 q2'20 q3'20 Please see Facebook's most recent quarterly or annual report filed with the SEC for the definition of ARPU. Cash Flows 16.6. Report will be made on July 30, said the company announced was %! Growth the company announced was 23 % above consensus expectations the SEC for the of. Quarterly or annual report filed with the SEC for the first quarter report filed with the SEC for the of! Of commerce to online which led to an increase in demand for its advertising services 1.82 billion them reach momentous. 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