Meta's Q1 EPS of $4.71 was $0.39 better than the analyst estimate of $4.32. The company's revenue for the quarter, $36.46 billion, also exceeded the consensus estimate of $36.14 billion, further highlighting its strong financial standing."META's 1Q results came in above street estimates on both top and bottom line. 2Q guide implies slight top-line decel with increased FY24 Opex/Capex expects. However, we believe bull case remains in-tact.
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