Real Money’s Eric Jhonsa live-blogs Meta’s earnings report and conference call with management.
Meta investors are hoping the social-media giant will post a stronger earnings report than the one shared yesterday by rival Snap.
Among analysts polled by FactSet, the consensus is for Meta to report fourth-quarter revenue of $31.55 billion (down 6.3% annually) and GAAP EPS of $2.26.
Meta typically shares quarterly sales guidance in its reports. The company’s first-quarter revenue consensus stands at $27.18 billion (down 2.6% annually).
Eric Jhonsa, Real Money’s tech columnist, will be live-blogging Meta’s earnings report, along with a call with management that’s scheduled for 5 P.M. Eastern Time.
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