Rahul Prasad's Contributor Page
Last Updated: July 26, 2020 (Prior to the 2Q2020 earnings release).
View: Bullish
Model Description: I made changes to the expected 2020 Q2 earnings model forecast based on investor opinions of COVID-19's impact as well as my own perspective. I believe that as a result of COVID-19, Facebook's average monthly users and average revenue per user will increase. This can also be attributed to the recent developments of social justice in our society that has made Facebook a solid platform for change. Companies will likely increase their advertising efforts on Facebook given the higher number of users on the platform. Overall, I am bullish on Facebook's stock and earnings; this is reflected in my earnings model forecast.
View: Bullish
Model Description: I made changes to the expected 2020 Q2 earnings model forecast based on investor opinions of COVID-19's impact as well as my own perspective. I believe that as a result of COVID-19, Facebook's average monthly users and average revenue per user will increase. This can also be attributed to the recent developments of social justice in our society that has made Facebook a solid platform for change. Companies will likely increase their advertising efforts on Facebook given the higher number of users on the platform. Overall, I am bullish on Facebook's stock and earnings; this is reflected in my earnings model forecast.
| FB Earnings Model (Rahul Prasad).xlsx |
My name is Rahul Prasad and I am a rising junior at the NYU Stern School of Business majoring in finance and minoring in data science. I participated in the Gutenberg Research Program for the 2Q2020 earnings of Facebook by gathering investor opinions to accurately forecast an earnings model for the company.
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.