Facebook (NASDAQ: FB) will be reporting its second quarter financial results today after the markets close. Analysts have a consensus $391.39 12-month price target on the company, via a total of 55 analysts, with 19 analysts having strong buy ratings. 27 analysts meanwhile have buy ratings, 7 have hold ratings, and two analysts have sell ratings on the company. The street high comes from Credit Suisse with a $480 price target, and the lowest target sits at $225 from Societe Generale.
38 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 38 analysts is $27.87 billion; this number has been revised upwards from $24.28 billion at the start of the year. The highest revenue estimate is $28.75 billion, while the lowest is $27 billion.
Onto EBITDA estimates, there are currently 25 analysts who have second-quarter EBITDA estimates. The mean is currently $14.48 billion, with this number having been revised upwards from $11.78 billion at the start of the year. The street high estimate currently sits at $15.59 billion in EBITDA and the lowest is $12.36 billion.
Analysts estimate that quarterly earnings per share will come in at $3.03, with this number being revised upwards from $2.31 at the start of the year. Street high is $3.41 and the lowest estimate is $2.36 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
