S&P Capital --Earnings Outlook for FB:
We project that 2014 revenues will increase 57%, owing largely to the advertising business.
We see FB continuing to build out advertising technologies and offerings, and have noted im-
pressive progress regarding mobile monetization.
FB's mobile revenues increased from limited levels in the third quarter of 2012 to
$2.0 billion in the third quarter of 2014.
*We forecast a revenue advance of 36% for 2015.
We see potential related to other more emerging properties and offerings, most notably Instagram.
Sentiment: Strong Buy