It was another blowout quarter for Facebook and the social media giant is just getting started. The company’s second quarter earnings per share of $0.97 beat estimates of $0.82, while sales of $6.44 billion topped the $6.02 billion analysts had expected. Craig Erlam, a senior market analyst at Oanda, based in London, is bullish on the stock and pointed to a host of different growth levers the company has at its disposal, including the potential for Facebook Live video advertising. TheStreet’s Scott Gamm reports from Wall Street.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source

























