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: June 2024 US Retail Sales Outlook: Projecting Further Retail Resilience in the Second Half of 2024AI Integration, Practical and Research Uses, and Challenges Within Real Estate: Insights Presented at the NARG 2024 Spring MeetingFive Ways AI Is Being Used in Grocery RetailThree Things You Need To Know: Influencer Marketing in the Global Beauty Market