META Earnings Prediction
The chart below shows how META performed 10 days before and after its earnings report, based on data from the past quarters. Typically, META sees a -0.48% change in stock price 10 days leading up to the earnings, and a +4.61% change 10 days following the report. On the earnings day itself, the stock moves by -0.20%. This data can give you a slight idea of what to expect for the next quarter's release.
META Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
40.59B
18.87%
3.89%
Gross Margin
81.83%
-0.02%
0.65%
Operating Margin
42.77%
3.63%
12.26%
Net Margin
38.65%
13.94%
6.47%
EPS
6.03
37.36%
16.86%
No Data Available
META Earnings Analysis
Meta Platforms Inc Corporation (META.O) Earnings Conference Call
Positive
Q3 Revenue Increase: Q3 total revenue was $40.6 billion, up 19% or 20% on a constant currency basis.
Family of Apps Revenue Growth: Q3 total Family of Apps revenue was $40.3 billion, up 19% year-over-year.
Employee Growth Rate: We ended the third quarter with over 72,400 employees, up 9% year-over-year.
Operating Income Performance: Third quarter operating income was $17.4 billion, representing a 43% operating margin.
Net Income Overview: Net income was $15.7 billion or $6.03 per share.
Negative
Q3 Revenue Increase: Q3 total revenue was $40.6 billion, up 19% or 20% on a constant currency basis.
Expense Increase Analysis: Q3 total expenses were $23.2 billion, up 14% compared to last year.
Rising Infrastructure Costs: Cost of revenue increased 19% driven primarily by higher infrastructure costs.
R&D Expense Increase: R&D increased 21%, mostly driven by higher headcount related expenses and infrastructure costs.
Operating Income and Margin: Q3 operating income was $17.4 billion, representing a 43% operating margin.
META FAQs
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META Earning Call Sentiment
Meta Platforms, Inc. (META) Q3 2024 Earnings Call Transcript
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META.O
1.91%Positive
Meta's earnings call reveals a positive outlook due to strong financial performance, including a 12% revenue increase and a 15% rise in net income. The strategic focus on AI and Reality Labs, along with a $10 billion share repurchase program, further boosts sentiment. Despite some risks like regulatory issues and supply chain challenges, the company's optimistic growth outlook and improved operating margin support a positive stock price movement prediction.