Meta Platforms (META) is expected to report quarterly earnings of $8.15 per share, up 1.6% year-over-year, with revenues projected at $58.4 billion, up 20.7%. Analysts revised EPS estimates by 0.3% in the past month, reflecting market expectations. Key company metrics indicate revenue growth across various segments, with ARPP estimated at $16.19.
Analysts predict specific metrics for Meta Platforms, including Revenue- Reality Labs at $917.35 million, Revenue- Family of Apps at $57.50 billion, and Revenue- Advertising at $56.85 billion. Estimates show positive growth trends, such as +21.5% in Advertising Revenue and +39.5% in Other Revenue year-over-year.
Analysts also forecast Advertising Revenue for different regions, with estimates for US & Canada at $25.58 billion, Europe at $14.02 billion, and Rest of the World at $6.98 billion. Additionally, predictions for Family daily active people, Headcount, and Average Revenue Per Person reflect growth expectations compared to the previous year.
Meta Platforms shares have dropped by -3% in the past month, while the Zacks S&P 500 composite rose by +0.6%. With a Zacks Rank #3 (Hold), META is expected to closely follow market performance. Quantum Computing is emerging as the next big technological revolution, attracting investments from major tech companies like Microsoft and Google. Senior Stock Strategist Kevin Cook has identified 7 stocks poised to dominate the quantum computing landscape, offering investors a unique opportunity for potential gains.
Read more at Nasdaq: Unlocking Q4 Potential of Meta Platforms (META): Exploring Wall Street Estimates for Key Metrics
