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How To Earn $500 A Month From Meta Platforms Stock Ahead Of Q1 Earnings
Meta Platforms, Inc. (NASDAQ:META) is scheduled to post earnings results for its first quarter, after the closing bell on Wednesday.
Analysts expect the Menlo Park, California-based company to report quarterly earnings at $4.32 per share, up from $2.20 per share in the year-ago period. Meta is projected to report quarterly revenue of $36.16 billion, up from $28.64 billion in the same quarter last year, according to data from Benzinga Pro. Meta has beaten revenue estimates from analysts in six straight quarters.
On April 22, Keybanc analyst Justin Patterson maintained Meta Platforms with an Overweight rating and lowered the price target from $575 to $555, while JMP Securities analyst Andrew Boone reiterated the stock with a Market Outperform and maintained a $550 price target.
With the recent buzz around Meta Platforms, some investors may be eyeing potential ...