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- Company news: Meta Platforms’ (META) quarterly results top analysts’ estimates
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31.10.2024
Company news: Meta Platforms’ (META) quarterly results top analysts’ estimates
Meta Platforms (META) reported Q3 FY2024 earnings of $6.03 per share (versus $4.39 per share in Q3 FY2023), beating analysts’ consensus estimate of $5.22 per share.
The company’s quarterly revenues amounted to $40.589 bln (+18.9% y/y), beating analysts’ consensus estimate of $40.213 bln.
The company also issued in-line revenue guidance for Q4 FY2024 of $45.0-$48.0 bln versus analysts’ consensus estimate of $46.18 bln.
META fell to $575.41 (-2.77%) in pre-market trading.
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