Asher Wen's Contributor Page
Last Updated: July 26, 2020 (Prior to the 2Q2020 earnings release).
View: Bullish
Model Description: As other companies are pulling their guidance, Facebook (FB) continues with its second-quarter earnings report. As the coronavirus epidemic progresses, there are concerns about the impact on large and small businesses alike. Recent events regarding multiple companies boycotting Facebook ads have introduced greater headwinds for this tech giant. Facebook announced a total ad revenue of $17.4 billion for Q1, a 17% year-over-year increase. The average price per ad decreased by 16% for Q1 as well. There is no doubt during this epidemic that ad revenue will reduce for Q2 and perhaps further quarters, but even with the strong headwinds, Facebook is much more resilient than it appears...click here to continue reading
View: Bullish
Model Description: As other companies are pulling their guidance, Facebook (FB) continues with its second-quarter earnings report. As the coronavirus epidemic progresses, there are concerns about the impact on large and small businesses alike. Recent events regarding multiple companies boycotting Facebook ads have introduced greater headwinds for this tech giant. Facebook announced a total ad revenue of $17.4 billion for Q1, a 17% year-over-year increase. The average price per ad decreased by 16% for Q1 as well. There is no doubt during this epidemic that ad revenue will reduce for Q2 and perhaps further quarters, but even with the strong headwinds, Facebook is much more resilient than it appears...click here to continue reading
| FB Earnings Model (Asher Wen).xlsx |
Asher Wen is a rising junior attending Stony Brook University and is majoring in Biology. He is one of the e-boards for Stony Brook's Investment Club, whose purpose is to distribute financial education, discuss financial topics, and provide resources for those entering the financial fields. He is a huge advocate for safe investment practices and learning to be financially literate. Ever since he partook in his first stock market competition during middle school, he has been continuously interested in the markets. Currently, he is considering the pre-medical track while evaluating companies his share time. He also enjoys cooking.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.