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It's so obvious now how entrenched the fed is in meta. Meta obviously had the inside track on the fed meeting today and already knew exactly what they were going to do with interest rates. Notice they announced a share buy back the same day but right after the fed meeting. What did they just decide to do that today? Haha.
Premarket suggests another NASDAQ blowout day tomorrow.. Could Meta blowout even more tomorrow? As in unbelievable?
the $40 billion share buyback itself is worth 17% up in share price imo
Thank you DG DAU MAU Phenomenal $META
Facebook's $META annual revenue since 2011
By: StockMKTNewz | February 1, 2023
• Facebook's $META annual revenue since 2011
2011: $3.7B
2012: $5.1B
2013: $7.9B
2014: $12.5B
2015: $17.9B
2016: $27.6B
2017: $40.7B
2018: $55.8B
2019: $70.7B
2020: $86B
2021: $117.8B
2022: $116.6B
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Meta shares soar 17% on fourth-quarter revenue beat
By: CNBC | February 1, 2023
• Meta exceeded estimates for revenue in its fourth-quarter earnings report.
• The company provided a forecast for the first quarter, suggesting that revenue could rise from a year earlier should results come in at the top of the range.
• The stock soared in extended trading.
Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback. Here are the results.
• Earnings: $1.76 per share
• Revenue: $32.17 billion vs $31.53 billion expected, according to Refinitiv
It’s not immediately clear if the reported earnings are comparable to analyst estimates of $2.22 per share. Here are some other key numbers that Wall Street is watching:
• Daily Active Users (DAUs): 2 billion vs 1.99 billion expected, according to StreetAccount
• Monthly Active Users (MAUs): 2.96 billion vs 2.98 billion expected, according to StreetAccount
• Average Revenue per User (ARPU): $10.86 vs $10.63 expected, according to StreetAccount
Revenue in the fourth quarter fell 4% from a year earlier, marking a third straight quarter of declining sales. The company’s cost and expenses ballooned 22% year-over-year to $25.8 billion.
Meta said it expects revenue in the first quarter of between $26 billion and $28.5 billion. Analysts were expecting sales of $27.1 billion, according to Refinitv. Sales in the first quarter of 2021 came in at $27.9 billion. Should Meta reach the high end of its guidance range, the company could end its streak of year-over-year declines.
“Our community continues to grow and I’m pleased with the strong engagement across our apps,” Meta CEO Mark Zuckerberg said in a statement. “Our management theme for 2023 is the ‘Year of Efficiency’ and we’re focused on becoming a stronger and more nimble organization.”
Meta said that its headcount increased 20% year-over-year to 86,482 as of December 31, 2022. That employee headcount number, however, includes a large chunk of the over 11,000 workers that Meta said it would lay off last November.
The company expects that its total expenses in 2023 will be in the range of $89-95 billion, which is lower than its prior outlook of $94-100 billion for the year. Meta attributed the adjustment “to slower anticipated growth in payroll expenses and cost of revenue.”
Meta also said that its its lowering its capital expenditure estimates for the year to be in the range of $30-33 billion, down from $34-37 billion. That’s partly due to the company spending less money on data center construction. Instead, Meta said it is shifting to a different kind of data center architecture intended to be more cost efficient while acting as the backbone of its various artificial intelligence projects.
Meta said on Wednesday that it’s authorized a $40 billion increase to its stock repurchase plan. The company bought back $27.9 billion worth of its shares last year.
Earlier this week, Snap reported fourth quarter earnings that missed on sales, sending its shares tumbling. While much smaller than Meta, Snap faces some of the same challenges, including a slowdown in online advertising spend, increased competition from TikTok and a weakened targeting advertising system due to Apple’s 2021 iOS privacy update.
Alphabet
and Amazon
will wrap up earnings reports from the major online ad platforms on Thursday, followed by Pinterest
next week.
Meta shares plummeted by over 60% last year, as Zuckerberg struggled to sell Wall Street on his plan to pivot the company towards the yet-to-be-developed world of the metaverse. Zuckerberg has said the metaverse, which would include virtual reality and augmented reality technologies, could represent the next major way people interact.
The big bet has frustrated investors, who worry the company is putting too much focus on a futuristic endeavor while its core ad business struggles to revive growth. Meta’s Reality Labs unit, home to the metaverse ambitions, lost $4.28 billion in the fourth quarter, bringing its total operating loss for the year to $13.72 billion.
Meta said last year that “Reality Labs operating losses in 2023 will grow significantly year-over-year.”
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Good Call Money $META!
Daily Active Users (DAUs): 2 billion
Zuck is a genius. Never doubting him again.
Maybe $META can link up some deals with MultiMetaVerse $MMV symbol soon. I mean yes it has gotten thrashed since the initial pop after joining the nasdaq early January, but certainly any potential hook
up with META would send it soaring. Risk to reward looks low now. Hmmm
$40 billion in stock buyback!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Facebook $META reports earnings today after the markets close, Wall ST is expecting numbers of
By: StockMKTNewz | February 1, 2023
• Facebook $META reports earnings today after the markets close, Wall ST is expecting numbers of
EPS of $2.26
Revenue of $31.65B
Facebook daily active users of 1.98B
Facebook monthly active users 2.98B
Reality Labs revenue of $652.4M
Reality Labs operating loss of $3.99B
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Metaverse booooomm worldwide
Load up before earnings. We moving up.
$META 1.50 million share #darkpool print at $148.15
By: Money Flow Mel | January 31, 2023
• $META 1.50 million share #darkpool print at $148.15.
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Meta Platforms Earnings Preview: More Layoffs on the Way?
By: 24/7 Wall St. | January 31, 2023
In early trading Tuesday, the Dow Jones industrials were up 0.07%, the S&P 500 up 0.23% and the Nasdaq up 0.31%. The report on employment costs in the fourth quarter came in lower than expected. That is a good thing and helped moderate fears of a sharper-than-expected rate hike when the FOMC meeting concludes Wednesday afternoon.
After markets closed Monday, NXP Semiconductors said it fell short of the consensus earnings per share (EPS) estimate. The Dutch chipmaker beat the revenue estimate but guided current quarter sales below the consensus, although EPS guidance was in line with forecasts. Shares traded up 0.3% early in Tuesday’s regular session.
Before markets opened Tuesday morning, General Motors reported solid beats on both the top and bottom lines. The company issued upside fiscal 2023 guidance with a bonus of $5 billion to $7 billion in free cash flow from its automotive operations. Shares traded up by more than 7%.
Caterpillar missed the consensus EPS estimate but posted better-than-expected revenue. Cat booked more than $1.1 billion in noncash charges in the fourth quarter and took a hit from the strong dollar. Shares traded down more than 5%.
Exxon Mobil beat the EPS estimate and revenue jumped 12.3% year over year and beat the consensus estimate for the fourth quarter by 5.7%. Production was up by about 100,000 barrels of oil equivalent per day, but lower prices for crude and natural gas cut into earnings. The stock traded up by about 0.2%.
McDonald’s beat consensus top-line and bottom-line estimates on a sales jump of 5% globally (13% in constant currency). The company warned that short-term inflationary pressure is expected to continue into this year. Shares traded down 2.1% Tuesday morning.
Pfizer posted a mixed quarter, beating the earnings estimate but missing on revenue. What hurt shares Tuesday morning was a downside estimate on 2023 revenue related to COVID-19 treatments. The stock traded down about 0.3%.
UPS also missed the consensus revenue estimate but beat on earnings. As with Pfizer, downside revenue guidance for 2023 was partially offset by estimated dividend payments totaling $5.4 billion and buybacks totaling $3 billion for the year. Shares traded up more than 4%.
AMD and Snap are on deck to report earnings later on Tuesday, and Altria, Enterprise Products Partners, Peloton and T-Mobile will share their results first thing Wednesday morning.
Meta Platforms Inc. (NASDAQ: META) is expected to post its quarterly results after U.S. markets close Wednesday. Here is a preview of its report.
Shares of the social media and tech giant had a rotten year in 2022, dropping some 64% as a result of stiffer competition (TikTok) and tumbling ad sales, courtesy of Apple’s App Transparency Tracking. Meta also spent wildly on the metaverse and has not much to show for it, either now or possibly into the next year or so.
The company has also announced that it will fire 11,000. That may not be enough, according to Benchmark Capital analyst Mark Zgutowicz, who believes another 7,500 employees need to get the chop in order to accommodate Meta’s no-growth environment. We will find out what Zuckerberg plans to do after markets close Wednesday.
Of 57 analysts covering the stock, 38 have a Buy or Strong Buy rating and 16 have Hold ratings. At a recent share price of around $147.00, the upside potential based on a median price target of $155.00 is 5.4%. At the high target of $260.00, the upside potential is nearly 77%.
Meta is expected to report fourth-quarter revenue of $61.69 billion, which would be up 14.4% sequentially but down by 5.9% year over year. Adjusted EPS are pegged at $2.23, up 36.1% sequentially and down 39.2% year over year. For the full 2022 fiscal year, consensus estimates call for EPS of $9.05, down 34.3%, on sales of $116.29 billion, down 1.4%.
The company’s stock trades at about 16.3 times expected 2022 EPS, 18.3 times estimated 2023 earnings of $8.03 and 14.6 times estimated 2024 earnings of $10.04 per share. The stock’s 52-week trading range is $88.09 to $328.00. Meta does not pay a dividend, and total shareholder return for the past year was negative 51.3%.
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Meta Platforms earnings: date, street expectations and fresh analyst comments
By: Investing.com | January 30, 2023
Social media behemoth Meta Platforms Inc (NASDAQ:META) is due to present its fourth-quarter results this Wednesday after market close.
The consensus stands for EPS of $2.26 on revenue of $31.53 billion. For its last quarter, Meta reported EPS of $1.64 on revenue of $27.71B, which compared to the Street expectations for EPS of $1.93 on sales of $27.44B. For Q4, Meta guided to revenues in the $30-$32.5B range.
As is the case with other tech stocks, the last couple of weeks were positive for Meta shares. META stock has managed to secure the first daily close above the $150 handle since September 2022 after rallying over 70% since early November.
META shares boosted by WSJ report
Meta Platforms stock gained last week after the Wall Street Journal reported on Friday that the social media company is finally "starting to see a path to recovery" from the tumble in advertising revenue.
The company has reportedly improved its ad-targeting systems as it still works to overcome issues pertaining to Apple’s iOS privacy changes.
“Year on year, they are a tailwind to our business because of improvements we’ve made on artificial intelligence,” META's Chief Marketing Officer and Vice President of Analytics Alex Schultz reportedly said in an internal meeting.
He also added that the privacy change "will no longer be a drag on earnings going forward," helping Meta shares to trade higher into this week’s earnings.
What are analysts expecting from Meta Platforms?
Credit Suisse analysts (raised PT to $180 from $145): “We maintain our Outperform rating on the following updated thesis points: potential for positive operating margin and FCF growth inflection starting in 3Q23 and accelerating thereafter, potential for better-than-expected ad revenue growth given increased monetization of Instagram and other properties, as well as Reels and optionality for Reality Labs investments to moderate as Meta unlocks greater efficiencies."
Bank of America analysts: “Our channel checks and eCommerce data suggest that 4Q’22 ad spend remained soft, though Meta may have benefitted from intra-quarter FX & Twitter share shift. 1Q checks suggest mixed spend for clients (some down, some up) but seemingly less downside risk of a big slowdown in 1H digital ad spending…For 1Q we are now in-line with Street at $27bn in revenue."
Jefferies’ analysts (raises PT to $175 from $155): “We are positive on the Q4 set-up given 1) better-than-expected ad checks and lessening FX headwinds should lead to a rev beat 2) Street Q1 rev ests look conservative already assuming a -3% y/y decline 3) a reduction in the FY23 expense guide should lead to positive EPS revisions. Our analysis indicates that if 2023 total expenses are ~$4B below our base case there is ~20% EPS upside. Our bull case $10 EPS in FY23 at a high teen multiple yields a $175+ stock.”
Meta Platforms' stock price closed at $151.74 on Friday after gaining 8.88% last week.
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Next stop $175 all aboard dudes$$$$$
Meta Platforms, Inc. (META) 200D tagged and earnings on tap. Huge spot for this one
By: Options Mike | January 29, 2023
• $META 200D tagged and earnings on tap. Huge spot for this one.
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Thank you, I’m ready, powder is clear $SEII $META Money!
Big Seii Meta move coming… stay tuned for explosions
Meta Platforms, Inc. (META) Receives Average Rating of "Moderate Buy" from Analysts
By: MarketBeat | January 27, 2023
• Shares of Meta Platforms, Inc. (NASDAQ:META) have earned a consensus rating of "Moderate Buy" from the fifty-seven ratings firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation, twenty-four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $172.40...
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Meta Platforms (META) Set to Announce Earnings on Wednesday
By: MarketBeat | January 25, 2023
• Meta Platforms (NASDAQ:META) will be announcing its earnings results after the market closes on Wednesday, February 1st. Analysts expect the company to announce earnings of $2.12 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link...
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META Watching for a potential S/R flip at ~$155 with daily RSI at levels not seen since August 2020!
By: TrendSpider | January 27, 2023
• $META Watching for a potential S/R flip at ~$155 with daily RSI at levels not seen since August 2020!
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Looking for a gap full of 167.28… if it breaks that on to 200…IMO.
Good Call Money Meta
I told you all $150 blue skies to the metaverse
Let the fun begin dude, going higher
Gun Squad! $META Premium FAANG Gang
I think it does
META February has proven to be a difficult month for Meta since its IPO, with a win rate of only 30% over the last 12 years
By: TrendSpider | January 25, 2023
• $META February has proven to be a difficult month for Meta since its IPO, with a win rate of only 30% over the last 12 years.
With the stock up +60% since November, a pullback may be warranted...
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To The MOON Meta
Blast Off Time
Here we go$$$$$$
Seii meta warming up
Rock And ROLL! Meta
META Put Writing
By: Theta Warrior | January 23, 2023
• $META PUT WRITING.
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META Early Repeat Sweeper
By: Theta Warrior | January 23, 2023
• $META Early Repeat Sweeper.
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Rock and roll dude
Meta Platforms, Inc. (META) 140 here, then possible move to 150 ahead of earnings
By: Options Mike | January 22, 2023
• $META Been noting for weeks how strong this chart is. 140 here, then possible move to 150 ahead of earnings.
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META will test 140 if we break that in to 160…IMO
META $1.1 Million Call • Strike: 150 • Expiration: 2/17/23
By: Cheddar Flow | January 19, 2023
• $META $1.1M OTM Call
Strike: 150
Expiration: 2/17/23
*At the Ask*
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Facebook - The World's Largest Social Network
Founded 02-04-2004
www.facebook.com
www.investor.fb.com
What Is Facebook All About?
As of the end of March 2012, Facebook has more than 900 million active users around the world,
including roughly 200 million in the United States, or two-thirds of the population.
More than 125 billion friend connections on Facebook at the end of March 2012.
On average more than 300 million photos uploaded to Facebook per day in the three months ended March 31, 2012.
An average of 3.2 billion Likes and Comments generated by Facebook users per day during the first quarter of 2012.
More than 42 million Pages with ten or more Likes at the end of March 2012.
Facebook is available in more than 70 languages.
Finviz, StockTA, Stoxline, yahoo
Bigcharts, Insider, ShortSqueeze
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