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Meta to report first-quarter results after the bell - TL;DR CNBC

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

Tickers: METANVDAAAPL

Keywords: apple incbreaking news: technologyearningsmark zuckerbergsocial mediabusiness newsinternetnvidia corpbreaking news: earningsenterprisebreaking news: businessmediameta platforms inctechnology

Source: https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html


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