Meta Platforms (META) Earnings Date, Estimates & Call Transcripts

$440.96
-52.54 (-10.65%)
(As of 03:17 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 24Estimated
Actual EPS
(Apr. 24)
$4.71 Beat By $0.39
Consensus EPS
(Apr. 24)
$4.32
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META Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

META Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Meta Platforms Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$3.42$4.35$3.81 
Q2 20244$3.80$5.01$4.29 
Q3 20244$4.06$4.84$4.45 
Q4 20244$5.11$5.60$5.31 
FY 202416$16.39$19.80$17.86 
Q1 20251$5.07$5.07$5.07 
Q2 20251$5.31$5.31$5.31 
Q3 20251$5.56$5.56$5.56 
Q4 20251$6.30$6.30$6.30 
FY 20254$22.24$22.24 $22.24

META Earnings Date and Information

Meta Platforms last issued its earnings results on April 24th, 2024. The social networking company reported $4.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.32 by $0.39. The business had revenue of $36.46 billion for the quarter, compared to analyst estimates of $36.28 billion. Meta Platforms has generated $14.90 earnings per share over the last year ($14.90 diluted earnings per share) and currently has a price-to-earnings ratio of 29.5. Earnings for Meta Platforms are expected to grow by 15.21% in the coming year, from $20.18 to $23.25 per share. Meta Platforms has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 24th, 2024 based off prior year's report dates.

Meta Platforms Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/24/2024
Estimated)
------- 
4/24/2024Q1 2024$4.32$4.71+$0.39$4.71$36.28 billion$36.46 billion    
2/1/2024Q4 2023$4.82$5.33+$0.51$5.33$39.12 billion$40.11 billion    
10/25/2023Q3 2023$3.62$4.39+$0.77$4.39$33.58 billion$34.15 billion      
7/26/2023Q2 2023$2.87$3.23+$0.36$3.48$30.91 billion$32.00 billion
4/26/2023Q1 2023$1.96$2.64+$0.68$3.08$27.49 billion$28.65 billion
2/1/2023Q4 2022$2.12$3.00+$0.88$4.24$31.69 billion$32.17 billion    
10/26/2022Q3 2022$1.88$1.64($0.24)$1.64$27.40 billion$27.71 billion
7/27/2022Q2 2022$2.50$2.46($0.04)$2.46$28.95 billion$28.82 billion    
4/27/2022Q1 2022$2.54$2.72+$0.18$2.72$28.21 billion$27.91 billion      
2/2/2022Q4 2021$3.78$3.67($0.11)$3.67$33.44 billion$33.67 billion    
10/24/2021Q3 2021$3.19$3.22+$0.03$3.22$29.52 billion$29.01 billion    
7/28/2021Q2 2021$3.03$3.61+$0.58$3.61$27.93 billion$29.08 billion    
4/28/2021Q1 2021$2.36$3.30+$0.94$3.30$23.61 billion$26.20 billion  

Meta Platforms Earnings - Frequently Asked Questions

When is Meta Platforms's earnings date?

Meta Platforms has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, July 24th, 2024 based off last year's report dates. Learn more on META's earnings history.

Did Meta Platforms beat their earnings estimates last quarter?

In the previous quarter, Meta Platforms (NASDAQ:META) reported $4.71 earnings per share (EPS) to beat the analysts' consensus estimate of $4.32 by $0.39. Learn more on analysts' earnings estimate vs. META's actual earnings.

How can I listen to Meta Platforms's earnings conference call?

The conference call for Meta Platforms's latest earnings report can be listened to online. Listen to Conference Call

How can I read Meta Platforms's conference call transcript?

The conference call transcript for Meta Platforms's latest earnings report can be read online. Read Transcript

How much revenue does Meta Platforms generate each year?

Meta Platforms (NASDAQ:META) has a recorded annual revenue of $134.90 billion.

How much profit does Meta Platforms generate each year?

Meta Platforms (NASDAQ:META) has a recorded net income of $39.10 billion. META has generated $14.90 earnings per share over the last four quarters.

What is Meta Platforms's price-to-earnings ratio?

Meta Platforms (NASDAQ:META) has a trailing price-to-earnings ratio of 29.47 and a forward price-to-earnings ratio of 21.76. The price/earnings-to-growth ratio is 1.27.

What is Meta Platforms's EPS forecast for next year?

Meta Platforms's earnings are expected to grow from $20.18 per share to $23.25 per share in the next year, which is a 15.21% increase.


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This page (NASDAQ:META) was last updated on 4/25/2024 by MarketBeat.com Staff

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