Facebook Q3 2020 Earnings Preview

Oct. 28, 2020 3:02 PM ETMeta Platforms, Inc. (META)METABy: Shweta Agarwal, SA News Editor3 Comments
  • Facebook (NASDAQ:FB) is scheduled to announce Q3 earnings results on Thursday, October 29th, after market close.
  • The consensus EPS Estimate is $1.91 (-9.9% Y/Y) and the consensus Revenue Estimate is $19.78B (+12.1% Y/Y).
  • Analysts expect operating margin of 32.4% and free cash flow of $4.65B.
  • Daily active users are expected to be 1.79B with engagement at 66.3%.
  • Over the last 2 years, FB has beaten EPS estimates 100% of the time and has beaten revenue estimates 75% of the time.
  • Over the last 3 months, EPS estimates have seen 17 upward revisions and 4 downward. Revenue estimates have seen 31 upward revisions and 3 downward.

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