Facebook Future Leaves BTIG’s Greenfield ‘Skeptical:’ Tom Keene

Facebook Inc.’s 2013 earnings will be “significantly below” analysts’ estimates, said Richard Greenfield, an analyst at BTIG Research, citing the social-networking site’s struggles to get revenue from mobile users.

“We’ve been growing increasingly skeptical of some of their monetization methods,” Greenfield, who cut his rating on the shares to sell, said in an interview today on “Bloomberg Surveillance” with Tom Keene.