Several research analysts have predicted that the stocks of FB would be putting up an EPS of $3.03 for the quarter. According to a report, twelve of the investment analysts have already provided estimates into the earnings of the company, with the highest coming in at $3.24, and the lowest coming in at $2.64.
The EPS reported by the company the previous year was $1.80, which indicates an annual growth rate of about 6.83%. The company will be putting out its next quarterly results on the 29th of July.
The Quarterly Reports Of FB
FB had previously announced its quarterly results on the 28th of April. The company had reported an EPS of $3.30, with the consensus estimate set at $2.36. The revenue generated by the company during this period was $26.20 billion, which was more than the consensus estimate of $23.61 billion. The net margin of the company was 35.74%, with a 27.54% return on equity.
There have been quite a few research equities that have commented on the stocks of FB. Raymond James has already put up a price target of $415 with a rating of strong-buy in a 29th April research report. KGI Securities has also put up a rating of outperform the company with a price target of $420 in a 2nd June research report.
KeyCorp has also increased the price target of the company from $360 to $414 with a rating of overweight in a 29th April research report. BMO Capital Markets also decided to increase the price target of the company from $375 to $460 with a rating of buy in a 29th April research report.
One of the investment analysts has already provided the company with a rating of sell, while eight others have given the company a rating of hold. Close to thirty-three other analysts have issued the company a rating of buy. Currently, FB has a buy rating with a $370.93 price target.
