Meta Sees Q4 2023 Revenue $36.5B-$40B Vs $36.64B Est
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. has projected its Q4 2023 revenue to be between $36.5 billion and $40 billion, which is in line with the estimated $36.64 billion.
October 25, 2023 | 8:19 pm
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NEUTRAL IMPACT
Meta's Q4 2023 revenue forecast aligns with the current estimate, indicating stable financial performance.
Meta's revenue forecast for Q4 2023 is in line with the current estimate, indicating that the company's financial performance is expected to remain stable. This news is highly relevant to Meta as it directly pertains to the company's future earnings. However, as the forecast aligns with the estimate, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100