For Q4, Wall Street analysts on average expected Meta to post $46.99 billion in revenue and earnings per share of $6.76, according to LSEG Data & Analytics. Meta did not provide revenue guidance ...
Meta's Q4 2024 results show a 21% YoY revenue increase and a 43% YoY operating income increase, with strong AI-driven growth.
Meta analysts see strong advertising growth and momentum coming in the Q4 report. Analysts and investors will likely be watching capex and layoff news on the heels of $60B+ planned for AI growth.
Meta reported record-setting sales and profits on Wednesday, with the parent company of Facebook and Instagram posting $20.84 billion in Q4 net income. The company reported revenue of $48.4 ...
And that's weighing on the companies’ stock prices. Google and Microsoft are down 2.7% and $3.3% year-to-date, respectively, while Tesla is off 17%. Apple's stock has declined 6%. Amazon is up 4.4% ...
Meta Platforms fell on Tuesday after making history with its 20-day-long winning streak. It fell below its 8-day simple ...
Shares of Arista Networks ( ANET -4.93%) slipped despite the cloud computer networking switch maker reporting solid fourth ...