5 Predictions for Facebook's Highly Anticipated Earnings Call
It has been anything but smooth sailing for Facebook as the company heads into its 2018 first-quarter earnings call after the markets close on Wednesday. The social media platform came under close public and government scrutiny after it was revealed that it had leaked as many as 87 million users’ data in the Cambridge Analytica scandal.
Despite this being one of Facebook’s most controversy-ridden quarters in history, analysts are predicting that the uproar likely did not put a dent in its revenue. This should highlight how overwhelmingly dominant the company is in the social media space — whether you think it’s a monopoly or are convinced Facebook is not a monopoly. Investors have their eyes on a couple of different metric this time around.
Inverse has rounded up five points that are expected to be mentioned in the April 25 report at 5 p.m. Eastern.