10 analysts discuss Meta Platforms stock after earnings selloff

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

10 analysts discuss Meta Platforms stock after earnings selloff

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.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stock futures fall as Meta Platforms shares sell off after earnings: Live updatesU.S. stock futures fell Thursday after tech juggernaut Meta Platforms reported quarterly results that disappointed investors.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Stock futures fall as Meta Platforms shares sell off after earnings: Live updatesU.S. stock futures fell Thursday after tech juggernaut Meta Platforms reported quarterly results that disappointed investors.
Source: nbcchicago - 🏆 545. / 51 Read more »

Stock futures fall as Meta Platforms shares sell off after earnings: Live updatesU.S. stock futures fell Thursday after tech juggernaut Meta Platforms reported quarterly results that disappointed investors.
Source: NBCNewYork - 🏆 270. / 63 Read more »