Meta Platforms earnings beat by $0.46, revenue topped estimates

Investing.com – Meta Platforms (NASDAQ: ) reported second quarter EPS of $5.16, $0.46 better than the analyst estimate of $4.70. Revenue for the quarter came in at $39.07B versus the consensus estimate of $38.26B.

Guidance

Meta Platforms sees Q3 2024 revenue of $38.50B-$41.00B versus the analyst consensus of $39.14B.

Meta Platforms’s stock price closed at $474.66. It is up 5.02% in the last 3 months and up 47.09% in the last 12 months.

Meta Platforms saw 11 positive EPS revisions and 4 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.

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