Analysts on average had expected Meta's Q1 revenue to hit $36.16 billion with earnings per share of $4.32, according to data provider LSEG. Q2 forecasts were for revenue of $38.29 billion.
"META has a tough bar to surpass in upcoming Q4 2024 and Q1 2025. We estimate Q3 growth decelerated to 18% from 22% in Q2 and see further deceleration to 15% in Q4 2024 and 13% in Q1 2025," CFRA ...
Equities research analysts at Zacks Research increased their FY2024 earnings estimates for Meta Platforms in a report ...
Meta reported a 27% year-over-year increase with $36.46 billion in sales for Q1, beating analysts' forecasts. Yet, shares for Meta tumbled about 16% after trading hours on Wednesday following the ...
the reality is that Meta just grew revenues at 27% y/y and EPS at 114% y/y in Q1 2024, beating consensus estimates on both top and bottom lines. Yes, Meta's stock has rebounded back to the mid-$ ...
Meta Platforms has announced its financial results for Q1 2023, reporting an increase in sales revenue, although Meta Reality Labs, which is responsible for developing advanced virtual and ...
However, there's another mega-cap company that virtually tied META's Q1 returns with a gain of 37.25% during Q1 - and it's somewhat unexpected, since it's not exactly a name at the leading edge of ...
Meta Platforms, Inc. (NASDAQ:META – Free Report) – Research analysts at Wedbush increased their Q1 2025 EPS estimates for Meta Platforms in a research note issued to investors on Thursday ...
Facebook parent Meta soared as much as 16% in regular trading Thursday after its first-quarter results showed a rise in daily active users, and after CEO Mark Zuckerberg tried to reassure ...