Facebook, Inc. Management Talks Video, Security, and Ad Pricing
Facebook's (NASDAQ: FB) third-quarter results blew past estimates. Revenue surged as Facebook benefited from strong growth in ad pricing. But during the earnings call, management also turned investors' attention to its expectations for a steep increase in expenses next year.
Here are three topics from Facebook's earnings call that capture the company's strong revenue growth and explain why management anticipates much-higher spending in 2018.
Image source: Getty Images.
Source: Fool.com
Meta Platforms Inc. Stock
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With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.
