Facebook (FB) reported Q3 FY 2021 earnings of $3.22 per share (versus $2.71 per share in Q3 FY 2020), beating analysts’ consensus estimate of $3.18 per share.
The company’s quarterly revenues amounted to $29.010 bln (+35.1% y/y), missing analysts’ consensus estimate of $29.523 bln.
The company also issued downside guidance for Q4 FY 2021, projecting revenues of $31.5-$34.0 bln versus analysts’ consensus estimate of $34.82 bln.
FB rose to $337.13 (+2.57%) in pre-market trading.
