Facebook earnings Q2 2019

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Facebook CEO Mark Zuckerberg makes his keynote speech during Facebook Inc’s annual F8 developers conference in San Jose, California, U.S., April 30, 2019.

Stephen Lam | Reuters

Facebook is set to report its second-quarter results after bell on Wednesday as regulators bear down on the social media company.

Here’s what analysts expect:

  • Earnings: $1.88 per share, according to Refinitiv
  • Revenue: $16.5 billion, according to Refinitiv
  • Daily active users: 1.59 billion, according to FactSet
  • Monthly active users: 2.41 billion, according to FactSet
  • Average revenue per user: $6.87, according to FactSet

On Wednesday, Facebook struck a $5 billion settlement with the Federal Trade Commission following the 2018 Cambridge Analytica scandal in which the data of 87 million Facebook users was improperly accessed. And late Tuesday, the Department of Justice announced a broad antitrust review of the dominant tech platforms.

Facebook’s business continues to grow at a rapid clip. The company is undergoing a major transition from News Feed ads as it expands ad revenue from its newer Stories products. Already, Facebook says it has more than 500 million daily users for the Stories features across Facebook, Instagram, WhatsApp and Messenger.

In a March memo, CEO Mark Zuckerberg wrote that the future of Facebook will be “private, encrypted services.” The company is working to integrate the messaging functions of WhatsApp, Messenger and Instagram, and Zuckerberg said he expects “Messenger and WhatsApp to become the main ways people communicate on the Facebook network.” Investors will be looking for signs it can shift its business to focus more on privacy while continuing to grow revenue and its user base.

Facebook shares are up 54% in 2019.

WATCH: Here’s how to see which apps have access to your Facebook data — and cut them off



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