facebook reported record secondquarter results wednesday afternoon that shattered analyst expectations but shares of the tech giant fell immediately after the announcement amid concerns the company’s growth is no longer up to par with smaller rivals twitter and snap following their staggering results last week shortly after the market’s closing bell menlo park califbased facebook reported secondquarter revenue of 29 billion up 56 from the same period last year and even beating out average analyst expectations calling for 278 billion net income meanwhile more than doubled to 361 per share or roughly 104 billion from 52 billion a year ago analysts estimated earnings would be about 301 per share the social network also hit a record 29 billion monthly active users up 7 year over year in light of its “increasingly strong growth” the company whose suite of offerings include instagram and its messenger service said revenue growth will decelerate significantly in the next two quarters while it expects costs will remain the same facebook shares fell 4 to 358 in postmarket trading immediately after the release the stock has climbed about 38 this year—more than double the techheavy nasdaqs 16 increase what to watch for “facebook’s bar was too high” vital knowledge media founder adam crisafulli said in a note after the earnings release adding that the company’s stock “is suffering from bad timing” having followed blowout reports from twitter and snap as well as tech giants microsoft and apple “if facebook kicked off the season with numbers like this it would have been largely okay although the magnitude of upside certainly isn’t as large as it was at its peers” he added last week smaller social media rivals snap and twitter stunned wall street with earnings that blew past expectations posting revenue growth of 116 and 74 respectively both sets of results point to a strongerthanexpected advertising recovery for online media—something bank of america analysts cautioned monday could weigh on facebook stock after earnings if the company doesnt live up to its peers founded in 2004 by a group of harvard college classmates including billionaires mark zuckerberg and dustin moskovitz facebook is now the fifthlargest us company by market cap worth nearly 11 trillion more than 95 of its revenue comes from advertising and about 50 of sales are in the us and canada though bank of america expects the stock could soar another 20 in the next three years its analysts caution the biggest risks to watch for include declines in user activity privacy issues bigtech regulation and any adverse impact on advertising prices 38650 thats how high analysts think facebook shares can go over the next year according to bloomberg data giving the stock about 4 upside to current prices why facebook now plans to pay 1 billion to influencers through 2022 forbes facebook q2 earnings can fb retain ad revenue growth amid competition and pressure from apple forbes