4 New, Must-See Quotes From Facebook's Crushing Quarter
Facebook (NASDAQ: FB) extended its long streak of market-beating quarters when it reported its second-quarter results last week. Shares surged after the report as investors recalibrated their expectations for the company.
While the social network's skyrocketing revenue and net income was definitely the quarter's biggest highlight, there's more to the quarter than these key metrics. Investors can glean some other useful insights from management's comments during the second-quarter earnings call, where Facebook's leaders discussed their Messenger strategy, explained how mobile video ads are still a major catalyst for the company, and more.
Mark Zuckerberg. Image source: Facebook.
Source: Fool.com
Meta Platforms Inc. Stock
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With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 6.0% for Meta Platforms Inc. compared to the current price of 471.7 €.
