From Nasdaq:



Meta Platforms (META) has captured the attention of Zacks.com visitors due to its recent performance and possible future direction. The focus is on evaluating earnings projections, with a consensus estimate indicating positive year-over-year changes. The Zacks Rank for META is currently #3 (Hold) based on the recent change in the consensus estimate and other factors related to earnings estimates. The company’s revenue growth forecast for the current quarter and fiscal years also indicates positive changes. META reported a year-over-year increase in revenues and EPS. The company has consistently beaten consensus EPS and revenue estimates in the past four quarters. The valuation metrics for META indicate that it is trading at par with its peers. Overall, this analysis provides insights for investors to determine the significance of market buzz about Meta Platforms. Lastly, Zacks Investment Research is set to release the top 10 stocks for 2024, which may be of interest to potential investors.



Original: Investors Heavily Search Meta Platforms, Inc. (META): Here is What You Need to Know