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WEB Meta Earnings Call Scheduled for April 24th
Strong Start to 2024 Drives Earnings Expectations
Meta Platforms to Report First-Quarter Results After Market Close
MENLO PARK, Calif. - April 1, 2024 - Meta Platforms, Inc. (META) announced today that the company's first quarter 2024 earnings call will be held on Wednesday, April 24th at 02:00 PM PST.
Meta has experienced a strong start to 2024, building on the momentum of recent quarters. The company's advertising revenue has remained robust, benefiting from increased usage of its social media platforms and the continued adoption of digital advertising.
Analysts expect Meta to report strong financial results for the first quarter. Consensus estimates project earnings of $2.07 per share, representing a 35% year-over-year increase. Revenue is forecasted to reach $15.848 billion, a 25% increase compared to the same period last year.
For the full year ending in December, analysts predict Meta's earnings to rise 35% year-over-year to $8.07 per share. Revenue is projected to grow to $63.5 billion, a 20% increase from 2023.
Investors will be closely monitoring Meta's earnings call to gain insights into the company's performance amidst the current economic environment. Key topics to watch for include the impact of inflationary pressures on advertising spending, Meta's progress in developing new revenue streams, and its plans to address regulatory challenges.
Interested parties can listen to the earnings call live via the company's investor relations website.
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