Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 63%
  • Publisher: 72%

Virtual Reality Technology Notícia

Social Media,Advertising,Technology

Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue guide above expectations. Revenue in the three months ended Sept. 30 rose nearly 19% year over year to $40.59 billion, outpacing the $40.29 billion expected, according to analysts' estimates compiled by LSEG. Earnings per share in the third quarter jumped more than 37% to $6.03, exceeding the LSEG's consensus EPS estimate of $4.25.

At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes