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Meta Platforms:Quarterly Results/2024 Q3: Difference between revisions
Meta Platforms:Quarterly Results/2024 Q3 (view source)
Revision as of 18:13, 22 October 2024
, 22 October 2024→Meta to report solid results in Q3 2024
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* Buy, $600->$675: TD Cowen expects Meta's Q3 revenue to grow by 19% y/y driven by improving engagement and monetization of video surfaces such as Reels<ref>https://thefly.com/permalinks/entry.php/id3999943/META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why</ref>. | * Buy, $600->$675: TD Cowen expects Meta's Q3 revenue to grow by 19% y/y driven by improving engagement and monetization of video surfaces such as Reels<ref>https://thefly.com/permalinks/entry.php/id3999943/META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why</ref>. | ||
* Buy, $600->$675: Jefferies said market surveys made them optimistic that Meta would perform well in Q3. They added that their revenue estimate for 2024 is above the market consensus<ref>https://www.finanzen.ch/analyse/meta-platforms-ex-facebook-buy-974623</ref>. | * Buy, $600->$675: Jefferies said market surveys made them optimistic that Meta would perform well in Q3. They added that their revenue estimate for 2024 is above the market consensus<ref>https://www.finanzen.ch/analyse/meta-platforms-ex-facebook-buy-974623</ref>. | ||
* BofA expects Meta to report Q3 revenue of $40.4 billion and EPS of $5.35, both above the consensus estimates<ref>https://www.marketscreener.com/quote/stock/META-PLATFORMS-INC-10547141/news/Meta-Platforms-Likely-to-Deliver-Q3-Beat-BofA-Says-48131538/</ref>. | |||
=== Cautious outlook on Q3 earnings === | === Cautious outlook on Q3 earnings === | ||