Meta Sees Q2 Total Revenue $36.5B-$39B vs $38.29B Est.
Portfolio Pulse from Benzinga Newsdesk
Meta projects its Q2 total revenue to be between $36.5 billion and $39 billion, which is in line with the estimated $38.29 billion.
April 24, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Meta's Q2 revenue projection aligns closely with analyst estimates, indicating stability in its financial outlook.
Meta's revenue projection for Q2 is closely aligned with analyst expectations, suggesting that there are no major surprises expected in the company's financial performance. This alignment typically indicates a stable outlook, which might not lead to significant short-term price movements as the market has likely already priced in these expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100