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Meta forecasts 1st quarter revenue below estimates
Meta forecasts first quarter revenue below estimates
(Reuters) -Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey artificial intelligence-powered tools were struggling to attract additional digital ad dollars to its social media platforms.
Meta says current quarter sales to fall short of estimates
The company expects first-quarter sales of $39.5 billion (€38 billion) to $41.8 billion, it said on Wednesday. The midpoint missed the $41.7 billion average analyst estimate, according to data compiled by Bloomberg. Meta employs around 2000 people in the Republic.
Meta Earnings Crushed Estimates. The Stock Isn’t Crushing It.
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
Meta, Zuckerberg and DeepSeek
Mark Zuckerberg Envisions 2025 to be an ‘Intense’ A.I.-Focused Year for Meta
Meta will hike up its A.I. spend this year it goes all in on Mark Zuckerberg’s vision to dominate the emerging technology.
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
Mark Zuckerberg says Meta isn’t worried about DeepSeek
I continue to think that investing very heavily in CapEx and infra is going to be a strategic advantage over time.’
Taking a Look at Key Metrics Versus Estimates
Meta Platforms, Inc. Profit Advances In Q4, Beats Estimates
Meta Platforms, Inc. (META) announced earnings for its fourth quarter that increased from the same period last year and beat the
Meta Platforms: Q4 Earnings Snapshot
Meta Platforms, Inc. (META) on Wednesday reported fourth-quarter net income of $20.84 billion. On a per-share basis, the Menlo Park, California-based company said it had net income of $8.02. The results surpassed Wall Street expectations.
Meta Platforms (META) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Meta Platforms (META) reported $48.39 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 20.6%. EPS of $8.02 for the same period compares to $5.33 a year ago.
1d
Meta's Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
15h
on MSN
Is Meta Stock a Buy, Hold or Sell After Earnings?
Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have ...
11h
on MSN
Why Meta Stock Is Soaring Today
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, ...
1d
on MSN
Meta will likely print a modest beat and bracket quarter, says Evercore ISI's Mark Mahaney
Mark Mahaney, Evercore ISI head of internet research, joins CNBC's 'The Exchange' to break down expectations for Meta's ...
Impacts
21h
Meta Shares Rise On Revenue Boost
Meta shares were up slightly in after-hours trading on Wednesday after the company reported fourth-quarter earnings that beat ...
1d
Meta to report fourth-quarter earnings after the bell
Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading. Meta shares are up over 11% ...
14h
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...
1d
on MSN
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg ...
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