Strong Earnings, Time To Buy Facebook?

arigatoinvestor wrote a column · Oct 26, 2021 08:22

$Meta Platforms (FB.US)$ just reported another round of strong earnings, with revenue growth of over 35% YOY. 😮😮

Revenue Growth Over 35% YOY

Its EPS growth rate close to 19% YOY, showcasing its dominance in digital advertising.

EPS Growth Around 19% YOY

Number of users also maintain its consistency, with close to a quarter of the world population using Facebook alone, not to mention its other applications including Instagram and WhatsApp.

Facebook has 1.9b users worldwide, which is close 25% of the world population.

Most importantly, the average revenue per user is increasing healthily, as more businesses pivot online to reach the their customers effectively.

With this strong earnings, Facebook is still being traded at 24 times PE, much lower than its 5 Year Average of 32.

I'm long-term bullish on Facebook and I intend to do a Facebook deep dive video on my YouTube.

Follow for more!

#invest #investing #stock #facebook

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

35K Views

Comment

arigatoinvestor OP : Follow me on my YouTube for more insights!
https://youtube.com/c/ChloeLinTV

Report
Reply

Cancel Reply

arigatoinvestor

Follow My Telegram & YouTube For More Investing tips: Arigatoinvestor

554

Followers

Following

1986

Visitors