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Facebook: Consensus defeated in fourth quarter



Facebook announced on Wednesday night a net profit of 61% of $ 6.9 billion in the last quarter of 2018, or $ 2.38 a share, where the consensus market was almost twenty cents lower.

Revenue increased by 30 percent to $ 16.9 billion, basically consisted of mobile advertising (93 percent of advertising revenue), and the number of monthly average users rose 9 percent to 2.32 billion.

Throughout the year, US social networking gloves increased EPS by 40% by $ 7.57, which represents a 37% increase in sales versus 55.8 billion.

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