Image result for facebook building

Facebook (FB) - Reports after the close, Wednesday, Apr. 24

Wall Street expects Facebook to earn $1.63 per share on revenue of $14.97 billion. This compares to the year-ago quarter when earnings came to $1.69 per share on revenue of $11.97 billion.

What to watch: Is Facebook’s efforts to regain the enthusiasm investors once had for the social network giant working? Despite a bevy of controversies surrounding the company, subscriber growth is expected to continue in the first quarter. In Q4 monthly active users (MAUs) rose to 191 million on a year-over-year basis and 49 million from Q3 to 2.320 billion. Daily Active Users (DAUs) were 1.523 billion in Q4, rising 122 million year over year and 28 million sequentially, while representing 66% of MAUs. The key drivers have been the growing adoption of assets such as Instagram, WhatsApp and Messenger, particularly in Asia-Pacific. Can these numbers continue to grow in Q1 and how will advertisers respond to the company’s recent investments in video and music across the company’s platforms?

source: Nasdaq