Facebook Earnings Just Obliterated Expectations
It's already been clear in recent weeks that digital-advertising companies are benefiting from a surge in ad spend from marketers. Starting with better-than-expected results from Snap last week, Google parent Alphabet then confirmed this bullish narrative on Tuesday with results that crushed analyst estimates.
But Facebook's (NASDAQ: FB) results may be the icing on the cake. Its first-quarter results absolutely obliterated expectations. Here's a closer look at the social-network company's stellar start to 2021.
Facebook CEO Mark Zuckerberg. Image source: Facebook.
Source Fool.com
