Estimates Archive

Facebook defies estimates, registers growth

Defying all the estimates by analysts, Facebook made $1.41 profit per share instead of the $1.31 that Wall Street was expecting and registered a strong growth in its mobile advertising business with total revenue reaching $8.8 billion from $5.84 billion last year. The quarterly profit was $3.57

Samsung Q1 Profit Beats Estimates on Galaxy S7 Sales Boost

Samsung Electronics reported Thursday a better-than-expected operating profit for the first quarter likely driven by strong sales of its flagship Galaxy S7 smartphones that made an early global debut at cheaper prices. The South Korean tech juggernaut put its January-March operating profit at KRW 6.6 trillion ($5.7