Meta Platforms (META) is expected to report increased earnings and higher revenues, with positive growth outlook.

From Barchart: 2024-10-23 10:01:52

Meta Platforms (META) is expected to report increased earnings and higher revenues for the quarter ended September 2024. Analysts predict earnings of $5.17 per share and revenues of $40.16 billion, up 17.8% and 17.6% respectively year-over-year. Earnings Whisper indicates a positive surprise is likely, supported by a Zacks Rank #2. PayPal (PYPL) is expected to report an earnings per share of $1.08 for the same quarter with revenue expected at $7.86 billion, up 5.9% year-over-year. Estimate revisions suggest a potential earnings beat, supported by an Earnings ESP of 1.92% and Zacks Rank #3. Investors should stay updated with upcoming earnings announcements using the Zacks Earnings Calendar.



Read more at Barchart: Meta Platforms (META) Reports Next Week: Wall Street Expects Earnings Growth