Company Earnings Update 4 minutesRegister for Free AccessFacebook (FB) 2Q18 Results: Misses Revenue Estimates and Warns of Slower Growth Coresight Research July 27, 2018 Executive Summary Facebook reported 2Q18 diluted EPS of $1.74, beating the $1.72 consensus estimate by $0.02 and up 32% year over year. Revenues were $13.23 billion, up 42% year over year but missing the consensus estimate of $13.36 billion. Daily active users totaled 1.47 billion and monthly active users totaled 2.23 billion; both metrics were up 11% year over year. Capital expenditures were $3.46 billion, up 140% year over year. Revenue growth decelerated by seven percentage points quarter over quarter, and the company forecast that revenue growth will continue to slow by high single digits over the next two quarters. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: 2023 US Tax Tracker #3: IRS Issues $199 Billion in Refunds, Average Refund Declines by 9%Analyst Corner—Shopping Shifts and Summer Spending: US Consumer Insights with Aditya KaushikWeinswig’s Weekly: Tackling the Food-Waste Challenge with TechnologyInnovator Matrix: Workforce Management