Meta Platforms (NASDAQ:FB) reported its Q4 earnings results on Wednesday, February 2, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Meta Platforms missed estimated earnings by 4.43%, reporting an EPS of $3.67 versus an estimate of $3.84, which did not surprise analysts.
Revenue was up $5.60 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 3.92% drop in the share price the next day.
Here's a look at Meta Platforms's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.19 | 3.02 | 2.37 | 3.22 |
| EPS Actual | 3.22 | 3.61 | 3.30 | 3.88 |
| Revenue Estimate | 29.58B | 27.82B | 23.67B | 26.43B |
| Revenue Actual | 29.01B | 29.08B | 26.17B | 28.07B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
