LIVE: Here come Facebook’s Q3 earnings… (FB)
|10/30/2018||Posted by BusinessMediaguide.Com under General World News||
Facebook will announce its Q3 earnings results after markets close on Tuesday.
The results come after a turbulent few months for the California tech giant, as it battles continued fallout from scandals including Cambridge Analytica and the hack of 30 million users’ sensitive data.
The company’s stock dropped 20% on its Q2 2018 earnings in July, when it failed to meet analysts expectations and warned that revenue growth rates were going to drop. Wall Street will now be watching anxiously to see how significant the damage is.
Here are the key numbers Wall Street is expecting, via Bloomberg: