Seefinish Insights Trends news knowledge Discovery

ReadR

ReadR

ReadR: Read and Share all content, headlines, news and trends results with Seefinish ReadR App.

Discover Content : Trends

Discover real-time trending topics, news headlines, twitter trends, google trends, hashtags, and content from different countries in the world.

Search Here

Navigation Tabs

Top Countries

Select Country:🌐

Worldwide 🌍 | Nigeria 🇳🇬 | South Africa 🇿🇦 | Kenya 🇰🇪 |Brazil 🇧🇷| Canada 🇨🇦 | United Kingdom 🇬🇧| United States 🇺🇸

See all other continents, locations, categories and associated headlines or trending informations here using

America:
Brazil 🇧🇷| Canada 🇨🇦 | United States 🇺🇸

Africa:
Algeria 🇩🇿 | Egypt 🇪🇬 | Ghana 🇬🇭 | Kenya 🇰🇪 |Morocco 🇲🇦| Nigeria 🇳🇬 | South Africa 🇿🇦 | Zambia 🇿🇲 |

Middle East:
| Israel 🇮🇱|kuwait 🇰🇼 |Saudi Arabia 🇸🇦 |Turkey 🇹🇷| Cyprus 🇨🇾 |

Europe:
Finland 🇫🇮|France 🇫🇷| Hungary 🇭🇺 |Germany 🇩🇪| Italy 🇮🇹 | Poland | Slovakia 🇸🇰 | Switzerland 🇨🇭 | Spain | United Kingdom 🇬🇧

Australia/Oceania: 🌐
Australia 🇦🇺|New Zealand 🇦🇺

Asia:
China 🇨🇳 | Japan 🇯🇵| India 🇮🇳| Malaysia 🇲🇾| Philippines 🇵🇭 | Singapore 🇸🇬 |Thailand 🇹🇭 |

Show more
Show less

Headline : Meta Platforms (META) gearing up to report Q2 earnings. Here’s what to expect

Read more from the original article on here at news.alphastreet.com.





Tags : #meta #platforms #meta #gearing #up #report #q2 #earnings #heres #expect


No. of Paragraph 17

Meta Platforms, Inc. (NASDAQ: META) had an impressive start to the fiscal year as its first-quarter profit more than doubled on strong revenue growth. The market will be expecting an encore from the tech titan when it releases second-quarter results next week.  

META is one of the best-performing Wall Street stocks, outshining competitors quite often and growing 33% this year alone. The stock peaked earlier this month, after recovering from the post-earnings selloff a few months ago when investors reacted negatively to the management’s weak guidance despite strong Q1 results. But it pulled back from the record high and the downtrend continued ahead of the earnings.

The social media giant’s second-quarter report is expected to be out on Wednesday, July 31, at 4:05 pm ET. It is estimated that earnings and revenues increased sharply year-over-year to $4.72 per share and $38.3 billion, respectively, in the June quarter. In the year-ago quarter, the company earned $2.98 per share, on revenues of $30.41 billion. The Meta management forecasts Q2 revenues in the range of $36.5 billion to $39.0 billion.

Meta reported strong results for the first three months of fiscal 2024, with net profit more than doubling to $12.4 billion or $4.71 per share. The impressive show reflected a 37% surge in Q1 revenues to $36.4 billion. The numbers also exceeded Wall Street’s projections. The number of family daily active people, which refers to registered and logged-in users of one or more of the family of apps who visited at least one of the sites on a given day, increased by 7% during the three months.

Read more from the original article on here at news.alphastreet.com.


Related Headlines : Meta Platforms (META) gearing up to report Q2 earnings. Here’s what to expect (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.