The highly anticipated financial results for the third quarter of Meta Platforms (NASDAQ: META) are scheduled to be disclosed on Wednesday 30th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
It is anticipated by financial experts on Wall Street that the firm is set to announce an estimated $5.25 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $40.29 billion for this period.
During the same quarter of the previous year, the company made public its income of $4.39 per share, which were derived from a quarterly revenue of $34.15 billion.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $161.92 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $21.38 during the fiscal year.
META has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Meta Platforms (META) shares traded as low as $574.12 and as high as $583.75 on a day volume of 10.93 million shares, closed Monday's regular trading session at $578.16, an advance of 0.86 percent.
