Meta Platforms (META) Tops Q1 EPS by 18c, Offers Guidance

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Go back to Meta Platforms (META) Tops Q1 EPS by 18c, Offers Guidance

Goldman First Take on Meta (META) Q1 2023 Earnings Report: 'expect investors to have an initial positive reaction'

April 26, 2023 4:44 PM EDT

Goldman 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 EDT

Meta 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