Global stocks: Earnings shine

Many of our international stock picks reported strong results and we upgrade Facebook’s valuation.

Facebook reported stellar 3Q15 numbers that topped forecasts on almost every metric. 3QEPS came in at $US0.57 (consensus $US0.52). Total revenues were $US4.5 billion, up 51 per cent Y/Y (consensus $US4.3bn).

User growth and engagement continue to grow exponentially while increased ad demand is driving monetisation. Video is the key incremental driver. Instagram ad load growth should provide a larger contribution in 4Q.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles