Meta Rose Nearly 2% in Premarket Trading Ahead of Its Financial Results

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Meta Rose Nearly 2% in Premarket Trading Ahead of Its Financial Results

Tiger Newspress2023-07-26

Meta Platforms, Inc. rose nearly 2% in premarket trading ahead of its financial results.

It will release its second-quarter, 2023 earnings report after the market closes on Wednesday. The company expects revenue of between $29.5 billion and $32 billion in the second quarter.

Analysts expect Meta to post revenue of $31.05 billion, Adjusted net profit of $7.459 billion, and adjusted EPS of $3.075 for the quarter, according to Bloomberg consensus.

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Andrewinho
·2023-07-26
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