Meta Platforms is set to report its fourth-quarter financial results, with analysts predicting a revenue increase to $46.99 billion, up from $40.11 billion. The company has consistently beaten revenue estimates over the past nine quarters, and earnings per share are expected to rise from $5.33 to $6.77. Analysts like Laura Martin of Needham and Justin Post from Bank of America highlighted improvements in ad markets and AI targeting as key factors, despite varying outlook ratings. The outcomes will also touch on important social issues, including potential regulation on TikTok.
Analysts expect Meta Platforms to report fourth-quarter revenue of $46.99 billion, up from $40.11 billion in last year's fourth quarter, continuing its trend of beating estimates.
Laura Martin from Needham raised financial estimates for Meta, noting the company benefitted from a stronger ad market and expanding margins in 4Q24, despite maintaining an Underperform rating.
Bank of America analyst Justin Post stated that Meta could benefit from recent strength in advertisement and improved AI models for ad targeting, maintaining a Buy rating with a price target of $710.
The ongoing trend of intact revenue and earnings results indicates the resilience of Meta Platforms, with increased focus on AI models anticipated to influence future growth.
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