Key points:
- EPS expected to be $4.66, a 44.27% increase
- Net sales projected at $38.15 billion, up 19.22%
In the early trading period, Meta Platforms Inc. experienced neutral money flows. The company’s upcoming earnings release is anticipated to reveal an earnings per share (EPS) of $4.66, marking a 44.27% increase from the same quarter of the previous year.
Net sales are projected to be $38.15 billion, a 19.22% increase from the year-ago period. For the entire year, earnings are predicted to be $20.16 per share and revenue is expected to reach $158.97 billion. This indicates changes of +35.57% and +17.84%, respectively, compared to the previous year.