Facebook earnings whisper

The consensus estimate was a loss of $2.93 per share on revenue of $13.89 billion for the quarter ending June 30, 2020.

Facebook (FB) reported 2nd Quarter June 2020 earnings of $1.80 per share on revenue of $18.7 billion. Facebook (FB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2020. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. 35 years later, Ray Ball and Phillip Brown published their paper "An Empirical Evaluation of Accounting Income Numbers" identifying the phenomenon of Post-Earnings Announcement Drift (PEAD), showing that stocks outperform the market after reporting earnings above earnings estimates and they underperform if they miss estimates. The most accurate published earnings expectation 781 talking about this. The Earnings Whisper Grade identifies where a stock is in the Earnings Expectation Life Cycle with the A+'s being in the Positive Earnings stage and, on average, gaining 7.42% from two days following the earnings release until the close just before its next earnings release - outperforming the overall stock market by 282%. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. The Earnings Whisper ® number was a loss of $3.15 … Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.Facebook doesn't appear a compelling earnings-beat candidate. Another 30 years later, Mark Bagnoli, Mesod Daniel Beneish, and Susan Watts published their paper "Whisper Forecasts of Quarterly Earnings per Share" pointing out that a stock's outperformance/underperformance after earnings has more to do with whisper numbers than consensus estimates.Since then, we've published 104,803 Earnings Whisper ® numbers based on expectations from 11,528 professional analysts. All rights reserved Revenue grew 10.7% on a year-over-year basis. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.‘The Social Dilemma’ Trailer: Netflix Doc Details How Social Media Manipulates Its UsersBerlin bans planned weekend protests against COVID-19 restrictionsFacebook’s Ties to India’s Ruling Party Complicate Its Fight Against Hate SpeechPraise for alleged Kenosha shooter proliferates on Facebook despite supposed banSome farmers turn on Trump amid coronavirus pandemic and China tensionsPlayers agree to resume NBA playoffs halted over racial injusticeMortgage rates plunge after refinance fee is put on holdPayPal cracks down on for-profit 'schools' misrepresenting PayPal CreditThe market 'feels really brittle at this point': ExpertOil drifts down as U.S. producers, refiners avoid worst of stormCapital One Cuts Card Limits Amid U.S.

The Earnings Whisper Grade identifies where a stock is in the Earnings Expectation Life Cycle with the A+'s being in the Positive Earnings stage and, on average, gaining 7.42% from two days following the earnings release until the close just before its next earnings release - outperforming the overall stock market byWe've also learned over the years that not all stock market participants have the time to take advantage of the initial short-term reaction to an earnings beat or miss, so the Earnings Whisper Grade is at the heart of our Investor Services allowing investors with a longer-term horizon to capture the Post-Earnings Announcement Drift with less trading activity. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 29.