Facebook Inc Earnings Model (kbg46)
Author: Gutenberg User kbg46, Published: July 28, 2020 9:17pm, Category: Earnings Preview (Prior to the 2Q2019 earnings release)
Summary of Model: My viewpoint of the model is bullish because Facebook is facing boycott issues along with COVID-19 ad- marketing stuggles, which is causing it to have a double negative impact on both the image of the company and its performance. Therefore, I have estimated that earnings/revenue and marketing will be low, and as Facebook tries to fix its mistakes with the boycott situation it will need to use more resources which will essentially lower its usage worldwide than expected, and incur loss on gross profit.
| FB Earnings Model (kbg46).xlsx |
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.