Can Facebook Beat Expectations in Q2 2018?
Facebook (FB) is scheduled to release its second-quarter results after the market closes on July 25. In the first quarter, Facebook reported results that exceeded expectations. Facebook’s first-quarter revenues grew 49.0% YoY (year-over-year), faster than the 43.0% revenue growth for Amazon (AMZN) and 26.0% for Google parent Alphabet (GOOGL) in the same quarter.