Facebook Expected to Post Higher Revenue, Analysts Watch Instagram Growth - News Summed Up

Facebook Expected to Post Higher Revenue, Analysts Watch Instagram Growth


Facebook Inc. is scheduled to report its fourth-quarter and full-year 2019 results after the market closes Wednesday. Here are the key points to watch:REVENUE FORECAST: Facebook is expected to post revenue of $20.9 billion for the quarter and $70.5 billion for the year, according to FactSet, up from $16.9 billion in the fourth quarter of 2018 and $55.8 billion for that year.


Source: Wall Street Journal January 29, 2020 11:04 UTC



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