EARNINGS: Meta Platforms Q1 EPS $2.20; Q1 Revs. $28.6B vs. $27.66B Est. JBoorstin reports. • $META
2.04 billion vs 2.01 billion expected, according to StreetAccount.Meta's first-quarter sales rose 3% from $27.91 billion a year earlier, after three straight periods in which revenue declined. It wasn't immediately clear if the company's earnings per share figure was comparable to analyst projections of $2.03.
For the second quarter, Meta expects revenue of between $29.5 billion and $32 billion, while analysts were expecting sales of $29.5 billion, according to Refinitiv.
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