We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Meta Platforms (META) Q1 Earnings
Read MoreHide Full Article
The upcoming report from Meta Platforms (META - Free Report) is expected to reveal quarterly earnings of $5.21 per share, indicating an increase of 10.6% compared to the year-ago period. Analysts forecast revenues of $41.22 billion, representing an increase of 13.1% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 7.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Meta Platforms metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenue- Reality Labs' stands at $490.10 million. The estimate suggests a change of +11.4% year over year.
Analysts' assessment points toward 'Revenue- Family of Apps (FoA)' reaching $40.87 billion. The estimate indicates a year-over-year change of +13.5%.
It is projected by analysts that the 'Revenue- Advertising' will reach $40.44 billion. The estimate suggests a change of +13.5% year over year.
Analysts expect 'Revenue- Other' to come in at $462.52 million. The estimate indicates a year-over-year change of +21.7%.
The combined assessment of analysts suggests that 'Advertising Revenue- US & Canada' will likely reach $17.93 billion. The estimate points to a change of +16% from the year-ago quarter.
Analysts predict that the 'Advertising Revenue- Europe' will reach $9.51 billion. The estimate indicates a year-over-year change of +14.2%.
The collective assessment of analysts points to an estimated 'Geographical Revenue by User- Rest of World' of $5.38 billion. The estimate points to a change of +15.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Geographical Revenue by User- US & Canada' should arrive at $17.94 billion. The estimate suggests a change of +13.4% year over year.
According to the collective judgment of analysts, 'Advertising Revenue- Rest of the World' should come in at $5.15 billion. The estimate points to a change of +13.9% from the year-ago quarter.
The consensus among analysts is that 'Family daily active people (DAP)' will reach $3.38 billion. Compared to the present estimate, the company reported $3.24 billion in the same quarter last year.
Analysts forecast 'Headcount' to reach 74,962. The estimate compares to the year-ago value of 69,329.
The average prediction of analysts places 'Average Revenue Per Person (ARPP)' at $12.14. Compared to the present estimate, the company reported $11.20 in the same quarter last year.
Over the past month, shares of Meta Platforms have returned -11.5% versus the Zacks S&P 500 composite's -4.8% change. Currently, META carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Meta Platforms (META) Q1 Earnings
The upcoming report from Meta Platforms (META - Free Report) is expected to reveal quarterly earnings of $5.21 per share, indicating an increase of 10.6% compared to the year-ago period. Analysts forecast revenues of $41.22 billion, representing an increase of 13.1% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 7.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Meta Platforms metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenue- Reality Labs' stands at $490.10 million. The estimate suggests a change of +11.4% year over year.
Analysts' assessment points toward 'Revenue- Family of Apps (FoA)' reaching $40.87 billion. The estimate indicates a year-over-year change of +13.5%.
It is projected by analysts that the 'Revenue- Advertising' will reach $40.44 billion. The estimate suggests a change of +13.5% year over year.
Analysts expect 'Revenue- Other' to come in at $462.52 million. The estimate indicates a year-over-year change of +21.7%.
The combined assessment of analysts suggests that 'Advertising Revenue- US & Canada' will likely reach $17.93 billion. The estimate points to a change of +16% from the year-ago quarter.
Analysts predict that the 'Advertising Revenue- Europe' will reach $9.51 billion. The estimate indicates a year-over-year change of +14.2%.
The collective assessment of analysts points to an estimated 'Geographical Revenue by User- Rest of World' of $5.38 billion. The estimate points to a change of +15.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Geographical Revenue by User- US & Canada' should arrive at $17.94 billion. The estimate suggests a change of +13.4% year over year.
According to the collective judgment of analysts, 'Advertising Revenue- Rest of the World' should come in at $5.15 billion. The estimate points to a change of +13.9% from the year-ago quarter.
The consensus among analysts is that 'Family daily active people (DAP)' will reach $3.38 billion. Compared to the present estimate, the company reported $3.24 billion in the same quarter last year.
Analysts forecast 'Headcount' to reach 74,962. The estimate compares to the year-ago value of 69,329.
The average prediction of analysts places 'Average Revenue Per Person (ARPP)' at $12.14. Compared to the present estimate, the company reported $11.20 in the same quarter last year.
View all Key Company Metrics for Meta Platforms here>>>
Over the past month, shares of Meta Platforms have returned -11.5% versus the Zacks S&P 500 composite's -4.8% change. Currently, META carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>