What to Watch For When Facebook Reports Earnings
Facebook (NASDAQ: FB) will report its second-quarter earnings results after the bell on Wednesday. The social-media giant should report over 2 billion monthly active users, after announcing that it surpassed the milestone by the end June.
But investors should also pay attention to Facebook's other apps -- Instagram, Messenger, and WhatsApp -- especially considering management's comments over the past few quarters that revenue growth will slow in the second half of this year. While Facebook doesn't break out results from any of these apps individually, management may provide some commentary to clue investors in.
Here's what investors should be watching when Facebook reports its second-quarter results.
Source: Fool.com
Meta Platforms Inc. Stock
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We see a rather positive sentiment for Meta Platforms Inc. with 8 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 4.52% compared to the current price of 478.4 € for Meta Platforms Inc..
