Facebook Inc Earnings Model (Bhardwaj)
Author: Aman Bhardwaj, Published: July 19, 2020 10:20am, Category: Earnings Preview (Prior to the 2Q2019 earnings release)
Summary of Model: This model projects future earnings based on monthly active users with the assumption that coronavirus, as well as social distancing measures, will keep MAU growth rates strong for the next couple of quarters. As well as focusing on average revenue per user declining due to advertising boycotts continuing to harm Facebook for the foreseeable future.
Disclosure of Potential Conflicts of Interest: 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.