Facebook Earnings report is out and the company raked in $29 biillion

Facebook earning report is out and the company's result were interesting as expected by Investingport. We expected Facebook to bring in good number and continue to solidify itself in the advertising world. Here is Facebook earning report that was released today, October 25, 2021. 

Here are the results.

• Earnings: $3.22 vs $3.19 per share expected by analysts, according to Refinitiv.
• Revenue: $29.01 billion vs $29.57 billion expected by analysts, according to Refinitiv.
• Daily active users (DAUs): 1.93 billion vs. 1.93 billion expected by analysts, according to StreetAccount.
• Monthly active users (MAUs): 2.91 billion vs. 2.93 billion expected by analysts, according to StreetAccount.
• Average revenue per user (ARPU): $10.00 vs $10.15 expected by analysts, according to StreetAccount.