Of the 49 Facebook analysts that FactSet tracks, 26 have recently reduced their earnings estimate for the subsequent four quarters. As recently as February, the comparable number was just six. The noise-to-signal ratio is high when it comes to all the data items that potentially could impact Facebook’s earnings. Read More...
Wall Street’s outlook on Facebook is about to get worse
Of the 49 Facebook analysts that FactSet tracks, 26 have recently reduced their earnings estimate for the subsequent four quarters. As recently as February, the comparable number was just six. The noise-to-signal ratio is high when it comes to all the data items that potentially could impact Facebook’s earnings.
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