Meta Platforms Sees Q4 Revenue $45B-$48B Vs $40.286B Est.
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms has projected its Q4 revenue to be between $45 billion and $48 billion, surpassing the estimated $40.286 billion.
October 30, 2024 | 8:10 pm
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POSITIVE IMPACT
Meta Platforms has announced a Q4 revenue projection of $45 billion to $48 billion, which is significantly higher than the estimated $40.286 billion. This positive revenue outlook suggests strong performance and potential growth.
The revenue projection for Q4 is significantly higher than the market estimate, indicating strong business performance and potential growth. This is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100