Facebook Earnings: 4 Key Things to Watch
Facebook (NASDAQ: FB) is slated to report its fourth-quarter and full-year 2019 results after the market closes on Wednesday, Jan. 29.
The social media leader is going into its report on a mixed note. On the positive side, it's beat Wall Street's revenue and earnings estimates in the past two quarters. On the other hand, some investors remain concerned about increased regulatory scrutiny and declining margins.
Like many of the larger tech stocks, Facebook stock started 2020 with a bang. It's up 8.2% though Friday, Jan. 17, versus the S&P 500's 3.1% return. In 2019, shares bounced back strongly, gaining 56.6%, after falling 25.7% in 2018. For context, the broader market returned 31.5% last year and had a negative 4.3% return in 2018. Putting this all together, since the start of 2018, Facebook stock is up 25.9% -- a solid gain, but slightly trailing the S&P 500's 29.7% return.
Source Fool.com
