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© Reuters Meta Platforms earnings missed by $0.50, revenue topped estimates
Investing.com – Meta Platforms (NASDAQ: META) reported fourth quarter EPS of $1.76, $0.50 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $32.17B versus the consensus estimate of $31.53B.
Guidance
Meta Platforms sees Q1 2023 revenue of $26.00B-$28.50B versus the analyst consensus of $27.25B.
Meta Platforms’s stock price closed at $153.12. It is up 68.65% in the last 3 months and down -52.59% in the last 12 months.
Meta Platforms saw 7 positive EPS revisions and 9 negative EPS revisions in the last 90 days. See Meta Platforms’s stock price’s past reactions to earnings here.
According to InvestingPro, Meta Platforms’s Financial Health score is “great performance“.
Check out Meta Platforms’s , and Meta Platforms’s financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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