Facebook met earnings’ forecasts, but Wall Street expressed concerns about its future growth and was “a little irked” that the social-media company did not provide any guidance.
Here is a sample of analysts' comments following the company's earnings report, which sent shares falling after-hours trade:
Negative Effects From Zynga
"The reality is setting in that the negative effects of Zynga and credits business will lead to significantly reduced expectations on that side of the business over the course of the next couple years."
-- Richard Greenfield, an analyst at BTIG
Lack of Guidance
"There was no guidance provided so the Street was a little irked and annoyed, and that's part of why that stock is trading down."
-- Herman Leung, an analyst at Susquehanna Financial
"It was a decent quarter. I think people's real fear was it would fall off a cliff: it didn't. They've got a real business there, it's just not growing as fast as it used to."
-- Daniel Ernst, an analyst at Hudson Square Research
Can They Convert Users to Money?
"The stock looks weak on a technical basis, and people could step in tomorrow when it breaks under $26, but it doesn't look good with this new information out there. I don't want to say the story is broken, but the story is kind of broken ... The big question with the stock is how it will monetize its billion or so users. A lot of people think they can't convert those users to money."
-- Michael Matousek, a senior trader at US Global Investors
'Didn't Break Any Banks'
"They didn't break any banks. They did not come out any better than anybody had expected." -- Debra Aho Williamson, an analyst at research firm eMarketer