Fri, Jul 25, 2014, 5:42 PM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

Facebook, Inc. (FB) Message Board

  • concordkitchens concordkitchens Jan 17, 2013 5:10 AM Flag

    FB fourth-quarter revenue of $1.49 billion - GS raised to $38 - Bloomberg raised to $51

    Facebook 12-month target lifted to $38 at Goldman
    BY MarketWatch
    — 3:20 AM ET 01/17/2013
    MADRID (MarketWatch) -- Goldman Sachs raised its 12-month price target on Facebook Inc. (FB to $38 from $35 on Thursday. In a note, Goldman said it sees upside for the fourth quarter earnings that Facebook (FB) is due to report on Jan. 30, owing to a continued strong ramp in News Feed adds, along with its new Gifts services. "We believe our estimate of $404 million in revenue from News Feed ads may prove too conservative," the analysts said in a research note. It said the Gifts segment could represent $20 million to $45 million in payments revenue that's not included in the analysts' current fourth-quarter estimates. Goldman expects Facebook (FB) to report fourth-quarter revenue of $1.49 billion and adjusted earnings per share of 14 cents.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
75.19+0.21(+0.28%)Jul 25 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.