Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024

Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.01% 🇪🇺EUR: -0....Last quarter, Meta reported a revenue beat of $36.46 billion vs. $36.16 billion expected and an EPS beat of $4.71 per share vs. $4.32 expected.Family daily active people – DAP was 3.24 billion on average for March 2024, an increase of 7% year-over-year.Average price per ad increased by 6% year over year.

User Engagement Metrics – DAP reached 3.24 billion on average in March 2024, a gain of 7% year over year. Investors will be looking for continued growth in this area. Reality Labs performance – Reality Labs includes virtual, augmented, and mixed reality related consumer hardware, software and content used in developing the MetaVerse. Analysts expect the division to show an operating loss of $4.31 billion for the quarter as it continues to bleed cash.

Bearish divergence and the possibility of a completed five-wave Elliott Wave advance from the $88.09 low to the $542.81 high indicate that Meta’s share price may have already entered a correction.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 305. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

​​Netflix's Second Quarter 2024 Earnings Preview: The Fight to Stay on TopQ2 Netflix earnings preview and share price analysis.
مصدر: DailyFX - 🏆 305. / 63 اقرأ أكثر »