Yahoo Finance 1/30/12
Ahead of the Bell: Facebook to post 4Q results
Ahead of the Bell: Analysts say Facebook could surpass Wall Street's expectations for 4Q
Associated PressAssociated Press –
Raymond James analyst Aaron Kessler, who recently upgraded Facebook to "Outperform" from "Market Perform," expects the company to report higher-than-expected results thanks to mobile growth, new ad formats and international expansion.
Wedbush analyst Michael Pachter also thinks that the company will beat Wall Street's expectations, with solid revenue "from a slew of new products, mobile growth, and increasing user engagement."
Sentiment: Strong Buy