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Meta beat earnings estimates in Q3 with $7.25 EPS and $51.24B revenue, up 26.2% year-over-year.
Meta Platforms reported strong Q3 earnings on October 29, with $7.25 EPS and $51.24 billion in revenue, a 26.2% year-over-year increase, surpassing estimates.
The stock, trading at $621.71, has a market cap of $1.56 trillion and a "Moderate Buy" analyst consensus with a $827.60 target.
Institutional investors own 79.91% of the company, while insiders sold $58.3 million in shares over 90 days.
Meta announced a quarterly dividend of $0.525, yielding 0.3%, and operates through its Family of Apps and Reality Labs segments.
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Meta superó las estimaciones de ganancias en el tercer trimestre con $ 7.25 EPS y $ 51.24B en ingresos, un 26,2% más que el año anterior.