Meta Platforms (META) is expected to report quarterly earnings of $6.71 per share, a 4.4% increase year-over-year, with projected revenues of $55.49 billion, marking a year-over-year surge of 31.1%. This earnings report is scheduled for release soon.
Analysts have adjusted earnings projections upward by 0.4% over the past month. Key revenue estimates include $55.16 billion for the Family of Apps (up 31.6%), $54.36 billion for Advertising (up 31.3%), and $510.55 million for Reality Labs (up 23.9%). Additionally, advertising revenues by region are projected at $24.18 billion in the U.S. & Canada (up 32.4%) and $12.87 billion in Europe (up 35.1%).
Meta’s shares have increased by 20.4% over the last month, outperforming the S&P 500’s 8.1% rise. The company currently has a Zacks Rank #3 (Hold), indicating expected performance that mirrors the broader market.
