Ashton O'Connor's Contributor Page
Last Updated: July 26, 2020 (Prior to the 2Q2020 earnings release).
View: Bearish
Model Description: I expect the effects of the coronavirus pandemic on Facebook to last longer into the future than many analysts are predicting, with higher MAUs and significantly decreased ARPUs into 2021. I believe the increase in MAUs from shelter-in-place orders, an expected second spike during the winter, and increasing shift to remote work as a result of the pandemic will be offset by the advertising boycott, decreasing demand for advertising as companies cut expenditures during the pandemic and into the recession, and increasing investment and expenditure by Facebook...click here to continue reading
View: Bearish
Model Description: I expect the effects of the coronavirus pandemic on Facebook to last longer into the future than many analysts are predicting, with higher MAUs and significantly decreased ARPUs into 2021. I believe the increase in MAUs from shelter-in-place orders, an expected second spike during the winter, and increasing shift to remote work as a result of the pandemic will be offset by the advertising boycott, decreasing demand for advertising as companies cut expenditures during the pandemic and into the recession, and increasing investment and expenditure by Facebook...click here to continue reading
| FB Earnings Model (Ashton OConnor).xlsx |
Ashton is a rising sophomore at Cornell University, double majoring in Communication and Applied Economics and Management. Ashton serves as the Vice President of New Member Development for the Cornell European Business Society and is a Business Analyst for Cornell Strategic Consulting. During the summer of 2020, Ashton participated in a social impact fellowship program where he consulted with a nonprofit organization on strategies for financial sustainability and land protection policy. Ashton hopes to leverage a career in impact investing, finance, or consulting to create an impact and contribute to localized economic revitalization.
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.