Nothing to see here. Just a massive tech company massively beating rev and earnings. Revenue up 47% YOY, diluted EPS up 77% YOY. And going for that nosebleed P/E ratio of … 35.4. From the earnings release:
“Our community continues to grow and our business is doing well,” said Mark Zuckerberg, Facebook founder and CEO. “But none of that matters if our services are used in ways that don’t bring people closer together. We’re serious about preventing abuse on our platforms. We’re investing so much in security that it will impact our profitability. Protecting our community is more important than maximizing our profits.”
Read the entire release at https://s21.q4cdn.com/399680738/files/doc_financials/2017/Q3…
Look at the latest numbers:
Revenue (billions) Q1 Q2 Q3 Q4
2013 1.458 1.813 2.016 2.585
2014 2.502 2.910 3.203 3.851
2015 3.543 4.042 4.501 5.841
2016 5.382 6.436 7.011 8.809
2017 8.032 9.321 10.328
EPS (GAAP) Q1 Q2 Q3 Q4
2014 0.30 0.25
2015 0.18 0.25 0.31 0.54
2016 0.60 0.78 0.90 1.21
2017 1.04 1.32 1.59
2017 Q3 Earnings (Current):
Revenue Growth (billions)
2016 Q3 TTM Revenue = 24.67
2017 Q3 TTM Revenue = 36.49
YOY TTM Revenue Growth =48%, previous quarter 50%
EPS Growth (GAAP)
2016 Q3 TTM Earnings = 2.82
2017 Q3 TTM Earnings = 5.16
YOY TTM EPS Growth = 83%, previous quarter 97%
P/E (Check Current Price) = 182.66/5.16 = 35.4
1YPEG = 35.4/83 = 0.43
Here are some of the other quarter’s highlights:
DAUs (daily active users): 1.37B, +16% YOY
MAUs (monthly active users): 2.07B, +16% YOY
Cash and cash equivalents: $38.29B, previous quarter $35.45B, +8% sequentially
Cap Ex: $1.76B, previous quarter $1.44B, up 22% sequentially
Mobile advertising revenue: Made up 88% of all revenue, up from 84% of all revenue in prior year’s quarter
Matt
Long FB
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