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Stock is down 1.8% at time of this comment... Did 166% net income jump not meet expectations?
by giarc 10y ago
Stock is down 1.8% at time of this comment... Did 166% net income jump not meet expectations?
- the_watcher 10y agoThe whole market is down, which impacts them.
- deleted 10y ago[deleted]
- meira 10y agoI guess investors are having the same feelings people are showing here. This don't look like a healthy company, imho. Facebook mobile ads looks like scam to me, in both ends. You pay money to interact with the people you expent money and work to bring.
- SirensOfTitan 10y agoBoth of your comments here have been composed of relatively strong opinions with nothing to back them up. Care to contribute anything to the discussion other than your potential bias?
- meira 10y agoNo, I dislike Facebook and this is enough for me to voice my opinion in a discussion, isn't? I'm not the kind that complain about free speech, but shouldn't you disagree and say why, if you want to, and not ask me to say more and only then your highness will evaluate? Come on, move to another comment if it bothers you but not enough to say something useful.
- jonknee 10y agoIt was down 1.8% at the end of regular trading today (before the earnings call). It is down an additional 6.7% currently after bouncing around a bit--the conference call is not going well! You can see a chart of the after hours action by hitting "e" on the Google Finance chart (you may have to click on the chart first): https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1478123030266&chddm=391&chls=IntervalBasedLine&q=NASDAQ:FB&ntsp=0&ei=E14aWJnID6TKigKzxq64Bg https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&...
- dreaminvm 10y agoI've been using Google Finance for a long time and did not know about the "e" (extended trading) feature. Thanks!
- ndesaulniers 10y ago"Facebook Reports $7 Billion Revenue, Beats Market Estimates" http://www.inc.com/associated-press/facebook-third-quarter-earnings-revenue-beat-market-expectations.html http://www.inc.com/associated-press/facebook-third-quarter-e... stock down 7% after hours. WTF edit: ah, see: https://news.ycombinator.com/item?id=12859949 https://news.ycombinator.com/item?id=12859949
- gameofcode 10y agoEPS of $1.09 (beat estimates by $0.12). Revenue of $7.01B (beat estimates by $90M). Currently 8.39% down in after hours trading.
- mwfunk 10y agoThis is pretty common with tech stocks. People buy on rumors and sell on news, even if the news is good. I don't get it but that seems to be the pattern. Example: say BigTechCo will be releasing earnings reports a week from now. BigTechCo stock slowly rises in anticipation of a good report. A week later, BigTechCo announces that every possible metric is better than ever, and the outlook is even better for the next quarter/year/whatever! Analysts are pleasantly surprised, and everyone is 100% on board in believing the numbers and the rosy outlook. Within 48 hours, the stock tanks as everyone furiously sells off. It happens all the time and makes zero sense to me. I'm sure there are reasons I'm not aware of, but I've got to think it's from some sort of irrational group behavior as well.
- notyourwork 10y agoYou only have profit when you sell above what you paid for a stock. So earnings reports and these stock surges are a great time for investors to cash out. This can spark a larger sell off. I'm sure someone with more investor insight can give a better explanation but this is what I suspect.
- startwhat 10y agoBecause they guided to slowdown in future growth. Ad load deceleration means it goes down. Investors pay for future earnings