Facebook Stock Is Definitely Worth Buying
by Harlan Kessler
Facebook's standout quarter
By now, everybody knows that Facebook Inc. (FB) has reported stunning results for the second quarter. The EPS of $0.13 per share was comfortably ahead of the consensus analysts' estimates of $0.09 per share compared with the loss of $0.08 per share in the same quarter of the previous year and was up more than 44% over the preceding quarter. Revenues for the quarter grew by more than 54% year-over-year to $1.83 billion compared to the consensus analysts' estimates of $1.61 billion. This was also a growth of just under 25% compared to the preceding quarter. read more »
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