Meta to report first-quarter results after the bell
Publishing timestamp: 2024-04-24 12:00:01
Summary
Meta is expected to report strong first-quarter earnings with analysts predicting the fastest year-over-year sales growth since 2021. The company's stock has been performing well, up 40% year to date after almost tripling in 2023. Meta has been focusing on improving its advertiser tools and success in short-form video monetization, which has been driving momentum for the company. Analysts expect Meta to beat on its first-quarter results and provide better-than-expected guidance for the second quarter.
Sentiment: POSITIVE
Keywords: apple inc, breaking news: technology, earnings, mark zuckerberg, social media, business news, internet, nvidia corp, breaking news: earnings, enterprise, breaking news: business, media, meta platforms inc, technology,
Source: https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html