Revenue Estimates Comparison
The company's predicted revenue for the current quarter ranges from $29.5 billion to $32 billion. This estimation outperforms analysts' predictions of $29.53 billion, as Refinitiv data indicates.
Meta Platforms Inc (NASDAQ: META) announced on Wednesday a higher-than-expected forecast for their second-quarter revenue. The company's projection surpasses market expectations as advertisers lean towards established platforms like Facebook and Instagram amidst growing economic uncertainties.
The company's predicted revenue for the current quarter ranges from $29.5 billion to $32 billion. This estimation outperforms analysts' predictions of $29.53 billion, as Refinitiv data indicates.