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Analysts Lower Expectations for Facebook by $1B
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Analysts Lower Expectations for Facebook by $1B
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3rd September 2012, 09:33
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,597
 |  Analysts Lower Expectations for Facebook by $1B Analysts are lowering their earnings expectations for Facebook in 2012 from $6B to around $5B due to lower than expected revenues. Analysts expect Facebook's revenue to continue to grow in the future, but at a slower than expected rate. While the company is still getting its revenue game together, its publicly traded stock has continued to slip. In the past six months, Facebook stock has lost 49 percent of its value and is trading at $19.18 as of this writing. http://www.hardocp.com/news/2012/08/...acebook_by_1b/ |
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