Meta Reports First Quarter 2023 Results
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Goldman First Take on Meta (META) Q1 2023 Earnings Report: 'expect investors to have an initial positive reaction'
April 26, 2023 4:44 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $2,455.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "We would expect investors to have an initial positive reaction to META's Q1 23 earnings report with a strong set of results that focused on a few key themes: 1) Q1... More
Meta Platforms (META) surges 10% on beat and raise
April 26, 2023 4:13 PM EDTMeta Platforms (NASDAQ: META) gains 10% on beat and raise:
META reported Q1 EPS of $2.20, $0.18 better than the analyst estimate of $2.02. Revenue for the quarter came in at $28.65 billion versus the consensus estimate of $27.61 billion.Meta Platforms sees Q2 2023 revenue of $29.5-32 billion, versus the consensus of $29.5 billion.... More
Meta Platforms (META) Sees Q2 Revenue of $29.5B-$32B vs $29.48B Est
April 26, 2023 4:12 PM EDTMeta Platforms (META) Sees Q2 Revenue of $29.5B-$32B vs $29.48B Est
... MoreMeta Platforms (META) Tops Q1 EPS by 18c, Offers Guidance
April 26, 2023 4:12 PM EDTMeta Platforms (NASDAQ: META) reported Q1 EPS of $2.20, $0.18 better than the analyst estimate of $2.02. Revenue for the quarter came in at $28.65 billion versus the consensus estimate of $27.61 billion.
Family daily active people (DAP) DAP was 3.02 billion on average for March 2023, an increase of 5% year-over-year.Family monthly active people (MAP) MAP was 3.81 billion as of March 31, 2023, an increase of 5% year-over-year.Facebook daily active users (DAUs) DAUs were 2.04 billion on average for March 2023, an increase of 4% year-over-year.Facebook monthly active users (MAUs) MAUs were 2.99 billion as of March 31, 2023, an increase of 2%... More