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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: CES 2024 Preview: AI Will Be Everywhere in Las VegasShoptalk Europe 2024 Day Three: Highlighting the Importance of Data Sharing, Retail Media and MoreAnalyst Corner—Tailored, Tech-Enabled and Transformed: The Future of Consumer Healthcare, with Swarooprani Muralidhar4Q23 US Livestreaming Tracker: Trust and Quality Drive Purchase Decisions in Live-Video Commerce