Meta Platforms (META) reported $48.39 billion in revenue for the quarter ended December 2024, a 20.6% year-over-year increase, with an EPS of $8.02 compared to $5.33 a year ago. The company beat estimates, surprising with a +3.02% revenue and +20.06% EPS. Key metrics show strong performance, including advertising revenue growth in various regions.
Shares of Meta Platforms have returned +15.2% over the past month, outperforming the Zacks S&P 500 composite. The stock currently has a Zacks Rank #3 (Hold), indicating potential performance in line with the broader market. Experts recommend 7 elite stocks, with historical gains averaging +24.3% annually, for immediate attention and potential price pops.
Read more at Nasdaq: Meta Platforms (META) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
