SPX4,283.74+9.70 0.23%
DIA340.58+0.38 0.11%
IXIC12,965.34+27.22 0.21%

Meta Platforms, Inc. - Class A Common Stock Q2 EPS $2.46 Misses $2.61 Estimate, Sales $28.82B Miss $28.97B Estimate

Meta Platforms, Inc. - Class A Common Stock (NASDAQ:META) reported quarterly earnings of $2.46 per share which missed the analyst consensus estimate of $2.61 by 5.75 percent. This is a 31.86 percent decrease over

Benzinga · 07/27/2022 16:05
Meta Platforms, Inc. - Class A Common Stock (NASDAQ:META) reported quarterly earnings of $2.46 per share which missed the analyst consensus estimate of $2.61 by 5.75 percent. This is a 31.86 percent decrease over earnings of $3.61 per share from the same period last year. The company reported quarterly sales of $28.82 billion which missed the analyst consensus estimate of $28.97 billion by 0.51 percent. This is a 0.88 percent decrease over sales of $29.08 billion the same period last year.