Will Meta Platforms (META) Beat Estimates Again in Its Next Earnings Report?
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Meta Platforms . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This social media company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 16.91%.For the last reported quarter, Meta Platforms came out with earnings of $4.39 per share versus the Zacks Consensus Estimate of $3.62 per share, representing a surprise of 21.27%. For the previous quarter, the company was expected to post earnings of $2.87 per share and it actually produced earnings of $3.23 per share, delivering a surprise of 12.54%.Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of