6,297
edits
Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
Revision as of 07:14, 26 April 2023
, 26 April 2023→Alphabet
| Line 189: | Line 189: | ||
==== Alphabet ==== | ==== Alphabet ==== | ||
* Alphabet reported You Tube Advertising and Google advertising revenue that came in-line with estimates. | |||
* CFO Ruth Porat said in the earnings call that You Tube ad spend is seeing stabilization. " In YouTube, we saw signs of stabilization in ad spend on a sequential basis. We continue to prioritize growth in Shorts engagement where we are encouraged by progress in monetization," She said. | |||
* Regarding the economy, Ruth said that it continues to remain uncertain but that foreign exchange headwinds have diminished. " In terms of the operating environment, our results in the first quarter reflected ongoing headwinds due to a challenging economic environment and the outlook remains uncertain. Foreign exchange headwinds have moderated, and we expect less of a foreign exchange headwind in the second quarter based on current spot rates, " She said in the earnings call. | |||
===== Analysts estimates ===== | ===== Analysts estimates ===== | ||
| Line 195: | Line 199: | ||
!Key Items | !Key Items | ||
!Analysts estimate | !Analysts estimate | ||
!Y/Y Growth | |||
!Results | |||
!Y/Y Growth | !Y/Y Growth | ||
|- | |- | ||
| Line 200: | Line 206: | ||
|$68.8 billion | |$68.8 billion | ||
| +1.2% | | +1.2% | ||
|$69.7 billion | |||
| +3% | |||
|- | |- | ||
|EPS<ref name=":5" /> | |EPS<ref name=":5" /> | ||
|$1.07 | |$1.07 | ||
| -13.1% | | -13.1% | ||
|$1.17 | |||
| | |||
|- | |- | ||
| | |You Tube Advertising Revenue<ref>https://www.cnbc.com/2023/04/25/alphabet-googl-q1-earnings-report-2023.html</ref> | ||
|$6.6 billion | |$6.64 | ||
| | | -3.35% | ||
|$6.69 billion | |||
| -2.62% | |||
|- | |- | ||
|Google advertising revenue | |Google advertising revenue | ||
|$54.55 billion | |$53.75 | ||
| -0.2% | |||
|$54.55 billion | |||
| -0.2% | | -0.2% | ||
|- | |- | ||
| Line 216: | Line 230: | ||
|$7.49 billion | |$7.49 billion | ||
| +29.14% | | +29.14% | ||
|$7.45 billion | |||
| +28.05% | |||
|} | |} | ||
===== Insights for Meta ===== | |||
* Meta ad revenue will mostly likely beat or come in-line with estimates. | |||
* Foreign exchange headwinds to have less impact on Meta earnings. | |||
* Ad spend is seeing stabilization. | |||
== Small Competitor Results and Expectations == | == Small Competitor Results and Expectations == | ||