3 Articles
3 Articles
Meta Blows Past Q1 Expectations, Ups Capex Target for Full-Year 2025
Social-media giant Meta isn’t forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts. For the first quarter of 2025, Meta significantly exceeded expectations. The company, parent of Facebook and Instagram, reported revenue of $42.31 billion (up 16%) and net income of $16.64 billion (up 35%), or $6.43 per share. Wall Street anticipated $41…
Meta to report quarterly earnings amid tariff uncertainty and AI investment
Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per shareMeta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share. Continue reading...
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage