Categories AlphaGraphs, Earnings, Technology

Infographic: Facebook (FB) Q3 revenue up 35%, earnings beat estimates

Social media behemoth Facebook, Inc. (NASDAQ: FB) on Monday said its third-quarter revenues and earnings increased sharply, aided by strong demand from advertisers. Earnings also topped expectations. The stock made strong gains in extended trading immediately after the announcement.

Facebook Q3 2021 earnings infographic

Revenues jumped 35% to $29.0 billion in the third quarter, with most of it coming from the core advertising segment. Analysts had forecast a faster growth. The top-line benefited from a 6% increase in daily active users. At the end of the quarter, the company had 2.91 billion monthly active users.

Reflecting the strong revenue growth, net profit climbed to $9.19 billion or $3.22 per share from $7.84 billion or $2.71 per share in the third quarter of 2020. Earnings also exceeded the market’s projection.


Read management/analysts’ comments on Facebook’s Q3 2021 earnings


Facebook’s stock has grown 22% since the beginning of 2021. It closed Monday’s trading higher and gained further in the after-hours session following the earnings release.

Prior Performance

  • Facebook Q2 2021 earnings
  • Facebook Q1 2021 earnings
  • FACEBOOK Q4 2020 earnings
  • Facebook Q3 2020 earnings

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Lennar (LEN) believes that despite near-term challenges, the long-term prospects for housing remain strong

Shares of Lennar Corporation (NYSE: LEN) were down 3% on Monday. The stock has dropped 36% year-to-date and 25% over the past 12 months. The homebuilder delivered mixed results for

KB Home (KBH): What did and did not work for the homebuilder in the third quarter

Shares of KB Home (NYSE: KBH) were up slightly on Friday. The stock has dropped 40% year-to-date and 35% over the past 12 months. The company delivered mixed results for

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top