Facebook earnings still flourishing amid pandemic, economic slowdown and antitrust scrutiny

Facebook Inc. has been able to retain a Teflon sheen on Wall Street with a succession of blowout quarters of advertising revenue. Neither a ravaging pandemic, economic meltdown nor antitrust lawsuit by the Federal Trade Commission have blunted the momentum of the social-media giant. And analysts expect more of the same Wednesday, when Facebook FB reports its fiscal fourth-quarter earnings.