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via finance.yahoo.comMarkets

Meta earnings preview: what to look for ahead of Wednesday's report

FROM THE WIRE · FINANCE.YAHOO.COM

Social network operator Meta Platforms (NASDAQ:META) will be announcing earnings results this Wednesday after market close. Here's what to expect. Meta beat analysts' revenue expectations last quarter, reporting revenues of $60.8 billion, up 28% year on year. It was a slower…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMeta is a mega-cap whose earnings and next-quarter guidance can move the stock and the broader Nasdaq.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Meta Platforms will report earnings this Wednesday after market close.
  2. 02Last quarter Meta beat revenue expectations with 60.8 billion dollars, up 28% year on year.
  3. 03Revenue guidance for next quarter slightly missed analyst expectations.
  4. 04The market expects revenue growth of 23.6% year on year, slowing from 26.2% a year earlier.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Meta Platforms, Inc.METAStock705.44 USDMarket closedtoday -0.55%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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