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META
Benzinga
111 days

Top Wall Street Forecasters Revamp Meta Platforms Expectations Ahead Of Q1 Earnings

1. META to report Q1 earnings on April 30; estimated EPS is $5.22. 2. Quarterly revenue projected at $41.36 billion, a significant increase year-over-year. 3. META has beaten analyst revenue estimates for 10 consecutive quarters. 4. Analysts recommend mixed ratings; price targets generally reduced. 5. META shares rose by 0.9% to $554.44 leading up to earnings.

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FAQ

Why Bullish?

Strong earnings projections and consistent revenue beats could positively influence investor sentiment, echoing past trends where good financial announcements led to stock upticks.

How important is it?

Earnings results are pivotal for stock price movements; projected EPS and revenue growth are highly relevant.

Why Short Term?

Immediate reaction resulting from earnings reports typically influences stock prices shortly after release, as seen in previous quarters for META.

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