Meta Platforms Inc (META)

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Meta Platforms (FB) Forecasted to Post Q1 2022 Earnings of $3.08 Per Share
By: MarketBeat | January 10, 2022

• Meta Platforms Inc. (NASDAQ:FB) - Stock analysts at Jefferies Financial Group issued their Q1 2022 earnings per share (EPS) estimates for Meta Platforms in a research note issued on Friday, January 7th. Jefferies Financial Group analyst B. Thill anticipates that the social networking company will post earnings per share of $3.08 for the quarter. Jefferies Financial Group also issued estimates for Meta Platforms' Q2 2022 earnings at $3.34 EPS, Q3 2022 earnings at $3.41 EPS, Q4 2022 earnings at $4.27 EPS and FY2023 earnings at $16.75 EPS. Meta Platforms (NASDAQ:FB) last issued its quarterly earnings data on Sunday, October 24th. The social networking company reported $3.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $3.19 by $0.03. The firm had revenue of $29.01 billion during the quarter, compared to analysts' expectations of $29.52 billion. Meta Platforms had a net margin of 35.88% and a return on equity of 30.22%. The business's revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.71 earnings per share...

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