Facebook Inc. – Class A (NASDAQ:FB) will unveil its latest earnings on Tuesday, October 23, 2012. Facebook, Inc. operates as a social networking company worldwide. The company builds tools that enable users to connect, share, discover, and communicate with each other; enables developers to build social applications on Facebook or to integrate their Websites with Facebook; and offers products that enable advertisers and marketers to engage with its users.
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.
Past Earnings Performance: The company is looking to beat estimates after falling short of forecasts last quarter. Last quarter, it reported net loss of 8 cents per share against a consensus estimate of net income of 9 cents per share.
Earnings season is back and more important than ever. Get our newest CHEAT SHEET stock picks now
Analyst Ratings: There are 17 out of 30 analysts surveyed (56.7%) rating Facebook Inc. – Class A a buy. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.
Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 11.57 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.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
Don’t Miss These Additional Hot Stories: