Facebook Earnings Imminent

Facebook Inc. (NASDAQ:FB) will unveil its latest earnings after-the-bell, Wednesday, January 30, 2013.

Facebook Inc. – Class A Earnings Preview Cheat Sheet

The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 76.7% compared to last year’s 10 cents.

Past Earnings Performance: The company is hoping to beat estimates after missing the mark for two straight quarters. Last quarter, it reported profit of 6 cents per share against an estimate of net income of 7 cents per share. The quarter before that, it missed forecasts by 17 cents.

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Here’s how Facebook traded today leading up to its earnings release:

Screen Shot 2013-01-30 at 3.58.10 PM

Analyst Ratings: With 22 analysts rating the stock a buy, none rating it a sell and seven rating the stock a hold, there are indications of a bullish stance by analysts.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 11.38 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands. The company regressed in this liquidity measure from 11.57 in the second quarter to the last quarter driven in part by an increase in liabilities. Current liabilities increased 4.4% to $1.08 billion while assets rose 2.7% to $12.29 billion.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)