The current Facebook stock price is still lower than the $38 IPO price. Friday Facebook stock price moved down 0.85%, or $0.27, to close at $31.10 on the Nasdaq Stock Exchange in regular trading.
Analysts on average expected Facebook would post a net profit of 12 cents per share, on revenue of $1.15 billion.
According to a survey by Thomson Reuters, analysts expect Facebook’s earnings per share would be 10.4 cents. Facebook did not specify which executives will participate in the conference call with analysts.