April 27, 2023

Meta Shares Soar as Earnings Beat Estimates

Meta Shares Soar as Earnings Beat Estimates

Meta shares rallied on Wednesday after the company released its revenue for the first quarter which came out above estimates and revived investors’ optimism regarding the future of the company in a very challenging environment. Initially, analysts surveyed by FactSet expected net earnings to average $2.02 per share on revenue of $27.7 billion. However, (META) …

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