Meta Platforms earnings beat by $0.75, revenue topped estimates

Investing.com – Meta Platforms (NASDAQ: ) reported third quarter EPS of $4.39, $0.75 better than the analyst estimate of $3.64. Revenue for the quarter came in at $34.15B versus the consensus estimate of $33.57B.

Guidance

Meta Platforms sees Q4 2023 revenue of $36.50B-$40.00B versus the analyst consensus of $36.64B.

Meta Platforms’s stock price closed at $299.53. It is down -7.97% in the last 3 months and up 130.73% in the last 12 months.

Meta Platforms saw 24 positive EPS revisions and 1 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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