Form 8-K Meta Platforms, Inc. For: Oct 26
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Go back to Form 8-K Meta Platforms, Inc. For: Oct 26
October 26, 2022 5:58 PM EDT
Stifel analyst Mark Kelley offers comments on Meta Platforms (NASDAQ: META) following earnings.
The analyst commented, "Meta reported slightly better 3Q22 revenue of $27.7bn vs consensus $27.4bn, with advertising revenue ahead of the Street, while Other and Reality Labs revenue were below.... More
October 26, 2022 4:38 PM EDT
Goldman Sachs analyst Eric Sheridan comments "We would expect investors to have an initial negative reaction to META's Q3 22 earnings report with a mixed set of results. On the positive, FX-neutral advertising revenue growth of +3% YoY was better than feared and in the top end of the guided range. In... More
October 26, 2022 4:24 PM EDT
JPMorgan analyst Jack Atherton comments "META (-11% post mkt): Q3 revenue +2% FXN vs whispers +LSD%. Reported revenue $27.7b (-4%) vs guide $26.0- 28.5b. Family DAPs 2.93b vs Q2 2.88b; Facebook DAUs 1.98b vs Q2 1.97b. EPS $1.64 vs St $1.90. On the outlook, mgmt guiding to Q4 $30.0-32.5b... More
