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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 26: UK Store Openings Up 20% Versus Last YearChina Consumer Tracker: More Than 70% of Respondents Are Avoiding Public PlacesWeinswig’s Weekly: Drones Are Really Beginning To Take OffResearch Preview: The Future of Malls