FactSet survey of Q1 ad revenue: Google is expected to rise 23% YoY to $55.1B, Meta is expected to rise 8% YoY to ~$27.5B, and Twitter to grow 25% YoY to $1.1B
Google's search business expected to stay resilient while social platforms grapple with challenges Tweets: @megancgraham , @csooran , @enriqueabeyta , @hoofnagle , @jason_kint , and @jason_kint Tweets: Meg Graham / @megancgraham : Analysts expect combined ad rev from GOOG/FB/AMZN/TWTR/Snap/Pins to grow 19% yoy compared w/ 40% in Q1 '21 - on impacts from inflation/Ukraine/supply chain/IDFA 📍$GOOG ad revenue expected to rise 23% yoy to $55.1B 📍$FB projected to rise 8% to ~$27.5B https://www.wsj.com/... https://twitter.com/... @csooran : Amazing to see Facebook suffering at the hands of Apple's policy changes the way other companies have endured Facebook's own policy shifts. https://www.wsj.com/... Enrique Abeyta / @enriqueabeyta : Think analysts are WAY underestimating the potential for $FB to beat numbers. They report 4/27. $GOOG $TWTR $AAPL https://www.wsj.com/...? Chris Hoofnagle / @hoofnagle : Look—we use TV metrics for the “civilization of the Mind in Cyberspace:” “a survey by ISI Evercore found that average daily time by users on...ByteDance hit 93 minutes in the first quarter—69% above Meta's Instagram and more than...4x...of Snapchat https://www.wsj.com/...? Jason Kint / @jason_kint : And don't let the chatter about the duopoly get written into the narrative as the effects of the rest of the industry. Great chart shared by WSJ's @megancgraham who smartly covered Apple impact while at CNBC, too. /10 https://twitter.com/... Jason Kint / @jason_kint : And @djtgallagher has one of the best reports I've seen looking at the expectations for the biggest market players where that chart came from... well worth the read. /11 https://www.wsj.com/...