Facebook shares fell 6.3% on Friday after the social media giant said that “looking ahead to 2021, we continue to face a significant amount of uncertainty.” At the same time, the company posted 3Q revenues of $21.5 billion jumping 22% year-over-year and coming ahead of analysts’ estimates of $19.8 billion. Facebook earned $2.71 per share during the quarter, surpassing the Street consensus of $1.91. EPS grew 28% from the year-ago quarter.Facebook’s (FB) daily active users (DAUs) rose 12% year-over-year to 1.82 billion, beating analysts’ estimates of 1.79 billion users. Monthly active users (MAUs) also increased by 12% year-over-year to 2.74 …read more
Source:: Yahoo Finance
