Facebook (NASDAQ:FB) reported its Q3 earnings results on Monday, October 25, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Facebook beat their estimated earnings by 0.94%, which did not surprise analysts.
Revenue was up $7,540,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.59, which was followed by a 4.01% drop in the share price the next day.
Here’s a look at Facebook’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.02 | 2.37 | 3.22 | 1.91 |
| EPS Actual | 3.61 | 3.30 | 3.88 | 2.40 |
| Revenue Estimate | 27.82B | 23.67B | 26.43B | 19.82B |
| Revenue Actual | 29.08B | 26.17B | 28.07B | 21.47B |
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