This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Facebook Earnings: What Do You Expect?

NEW YORK ( TheStreet) - Facebook (FB - Get Report) reports its second-quarter results after market close on Thursday; its first since the company's eventful IPO in May.

The social networker's shares have plunged more than 28% since the company's botched public offering, and there are concerns that this trend will continue. After selling so much stock at such a high valuation, the shares seem to have nowhere to go but down.

Wednesday's weak second-quarter results from Zynga (ZNGA - Get Report) could also impact Facebook's results. The online gamer, which is a key Facebook partner, cut its full-year earnings guidance, citing "a more challenging environment on the Facebook web platform."

Investors on Facebook's conference call will be also be listening for information on the company's attempts to exploit mobile, which are seen as key to its future. There has even been chatter that the Menlo Park, Calif.-baed firm could enter the smartphone market.

Analysts surveyed by Thomson Reuters expect Facebook to report revenue of $1.146 billion and earnings of 12 cents a share.

How do you think Facebook will fare in its first quarterly report as a public company:

Facebook reports its second-quarter results after market close. How do you think the social networker will do?

Facebook will beat Wall Street's estimates.
Facebook will post numbers inline with analysts' forecast.
Facebook will miss consensus estimates.

-- Written by James Rogers in New York.

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ZNGA $2.54 1.60%
FB $88.15 -1.94%
AAPL $110.37 -1.75%
GOOG $606.25 -1.32%
TSLA $245.57 -0.86%

Markets

Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs