Matthew Waterman
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Matthew Waterman in Brand Power,

Facebook Beats Earnings Estimates for 3rd Quarter

Facebook (FB) showed a strong 3rd quarter, reporting earnings per share of 57 cents, beating analysts consensus of 52 cents in earnings per share. They also beat on revenue, as analysts expected $4.37 billion in revenues. The company reported revenue of $4.5 billion, an increase of 40.6% over the same quarter last year. 

Facebook is up after hours $3.91 to $107.85.