Users and Advertisers are stuck with FB as the economic moat becomes stronger over time. 2019 EPS will be $8 and 2020 EPS could be between $9 to $10 bases on fumes so at $193 FB now trades at 20 times Forward Earnings taking a $9.5 EPS midpoint.
Saturday, November 2, 2019
FB 3Q2019 Investment Update - $17.6B Revenue, $2.12 EPS, 29% Revenue Growth
FB 3Q2019 Investment Update - $17.6B Revenue, $2.12 EPS, 29% Revenue Growth. 2020 will be a fantastic year for FB as US Political ads in an election year and fading memory of security issues will surely show steep growth.
Users and Advertisers are stuck with FB as the economic moat becomes stronger over time. 2019 EPS will be $8 and 2020 EPS could be between $9 to $10 bases on fumes so at $193 FB now trades at 20 times Forward Earnings taking a $9.5 EPS midpoint.
Users and Advertisers are stuck with FB as the economic moat becomes stronger over time. 2019 EPS will be $8 and 2020 EPS could be between $9 to $10 bases on fumes so at $193 FB now trades at 20 times Forward Earnings taking a $9.5 EPS midpoint.
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