Here's Why Meta Stock Is Down Despite Big Earnings Beat
METAMeta Platforms(META) Forbes·2024-10-31 04:25

ToplineShares of Meta Platforms fell by more than 3% as the company reported earnings and revenue that beat Wall Street expectations Wednesday.Meta logo at their headquarters in Menlo Park, California. (Photo by Kelly Sullivan/Getty Images for ... [+] Facebook)Getty Images for Facebook Key FactsMeta reported $6.03 earnings per share and $40.5 billion in revenue in the third quarter of 2024, compared to analyst expectations of $5.22 earnings per share and $40.2 billion in revenue, according to FactSet. Dail ...