What's Going On With Meta Platforms Stock Ahead Of Q3 Earnings?

Meta Platforms Inc (NASDAQ:META) shares are up nearly 25% over the past quarter. The company is gearing up to report earnings again next week. Here’s a look at what you need to know ahead of the report.

What To Know: Meta is scheduled to report third-quarter financial results after the market close on Oct. 30. The company is expected to report earnings of $5.24 per share and revenue of $40.253 billion, according to estimates from Benzinga Pro.

Meta has exceeded analyst estimates on the top and bottom lines in six consecutive quarters heading into the third-quarter print.

Last quarter, Meta beat analyst estimates as revenue jumped 11% year-over-year and daily actives climbed 7%. The company noted at the time that Meta AI was on track to be the most used AI assistant ...