Mansi Patel's Contributor Page
Last Updated: July 26, 2020 (Prior to the 2Q2020 earnings release).
View: Bullish
Model Description: As Facebook’s second-quarter earnings are forthcoming, these are my personal predictions for the company’s earnings regarding the remainder of this fiscal year and next year. This global pandemic is unprecedented, and not only has it changed the everyday routines of people but has also disrupted the economy and significantly impacted the NASDAQ stock exchange. Considering the effects of COIVD-19 and the majority of people being in quarantine has led to an increased usage of social media platforms, like Facebook and their parent companies: Messenger, Instagram, and WhatsApp. Sheryl Sandberg, COO of Facebook mentioned “we’ve seen strong growth in gaming and relative stability in technology and e-commerce, which is one of our largest sectors”. I predict that stay-home orders have made people more active on these sites, hence I reported a bullish market for Facebook's future earnings. I will dive more deeply into the changes I made into the model, followed by my reasoning...click here to continue reading
View: Bullish
Model Description: As Facebook’s second-quarter earnings are forthcoming, these are my personal predictions for the company’s earnings regarding the remainder of this fiscal year and next year. This global pandemic is unprecedented, and not only has it changed the everyday routines of people but has also disrupted the economy and significantly impacted the NASDAQ stock exchange. Considering the effects of COIVD-19 and the majority of people being in quarantine has led to an increased usage of social media platforms, like Facebook and their parent companies: Messenger, Instagram, and WhatsApp. Sheryl Sandberg, COO of Facebook mentioned “we’ve seen strong growth in gaming and relative stability in technology and e-commerce, which is one of our largest sectors”. I predict that stay-home orders have made people more active on these sites, hence I reported a bullish market for Facebook's future earnings. I will dive more deeply into the changes I made into the model, followed by my reasoning...click here to continue reading
| FB Earnings Model (Mansi Patel).xlsx |
Mansi Patel, is a rising sophomore at Rutgers Business School double majoring in Finance and Business Analytics-Information Technology (BAIT). She has co-founded a start-up company called Rebirth that advocates for sexual assault victims through selling custom apparel. Currently, she is a marketing and financial intern at Verve Asset Living. She looks forward to gaining more experience in the IB companies and hone her financial skills. Her interest includes the stock market, trading & investing, women empowerment, and health & fitness.
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.