What scandal? Facebook easily beats earnings estimates with EPS of $1.69


Facebook may still be mired in the Cambridge Analytica scandal, but if all you were looking at is its bottom line, you might never know anything was wrong. Today, Mark Zuckerberg’s company released its first-quarter earnings report, and it handily beat analysts’ estimates, posting revenues of $11.97 billion, and earnings per share of $1.69, well above predictions of $11.41 billion and $1.35, respectively.