Meta Reports Third Quarter 2023 Results
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Buy the pullback in this tech giant - JPMorgan
October 26, 2023 10:54 AM UTCIt's been a busy week of earnings so far, with some of the biggest companies in the world reporting numbers for the third quarter.
Following the most recent bout of earnings, JPMorgan analysts said in a note that they are buying the dip in Meta Platforms (NASDAQ: META) shares, given it just topped earnings and revenue consensus estimates.
The social media giant posted strong third-quarter results, but cautious comments... More
Meta Platforms (META) Tops Q3 EPS by 75c, Offers Guidance
October 25, 2023 4:18 PM UTCMeta Platforms (NASDAQ: META) reported Q3 EPS of $4.39, $0.75 better than the analyst estimate of $3.64. Revenue for the quarter came in at $34.15 billion versus the consensus estimate of $33.57 billion.
GUIDANCE:
Meta Platforms sees Q4 2023 revenue of $36.5-40 billion, versus the consensus... More
