Earnings Preview: Meta Platforms
Portfolio Pulse from Benzinga Insights
Meta Platforms (NASDAQ:META) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an EPS of $3.42. The company's past performance shows a trend of beating EPS estimates and subsequent share price increases. The stock is currently trading at $314.01, up 143.11% over the last 52 weeks.
October 24, 2023 | 2:01 pm
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POSITIVE IMPACT
Meta Platforms is expected to report an EPS of $3.42 for Q3 2023. The company has a history of beating EPS estimates, which has typically led to share price increases. The stock is currently up 143.11% over the last 52 weeks.
Given Meta Platforms' history of beating EPS estimates and the subsequent positive impact on its share price, it is likely that the upcoming earnings report will have a positive impact on the stock. The company's strong performance over the last year also indicates a positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100