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META

Meta Platforms Inc

$506.63

Earnings Summary

Revenue
$36455Mn
Net Profits
$12369Mn
Net Profit Margins
33.93%
PE Ratio
28.99

Highlights

Revenue:

Meta Platforms Inc’s revenue jumped 27.26% since last year same period to $36455Mn in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -9.11% fall in its revenue since last 3-months.

Net Profits:

Meta Platforms Inc’s net profit jumped 116.66% since last year same period to $12369Mn in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -11.76% fall in its net profits since last 3-months.

Net Profit Margins:

Meta Platforms Inc’s net profit margin jumped 70.24% since last year same period to 33.93% in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -2.91% fall in its net profit margins since last 3-months.

PE Ratio:

Meta Platforms Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 28.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Meta Platforms Inc post its latest quarter earnings

EPS Estimate Current Quarter
4.67
EPS Estimate Current Year
4.67

Highlights

EPS Estimate Current Quarter:

Meta Platforms Inc’s earning per share (EPS) estimates for the current quarter stand at 4.67 - a 8.1% jump from last quarter’s estimates.

EPS Estimate Current Year:

Meta Platforms Inc’s earning per share (EPS) estimates for the current year stand at 4.67.

Key Ratios

Key ratios of the Meta Platforms Inc post its Q1 2024 earnings

Earning Per Share (EPS)
4.71
Return on Assets (ROA)
0.17
Return on Equity (ROE)
0.33
Dividend Per Share (DPS)
0.5

Highlights

Earning Per Share (EPS):

Meta Platforms Inc’s earning per share (EPS) jumped 114.09% since last year same period to 4.71 in the Q1 2024. This indicates that the Meta Platforms Inc has generated 114.09% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Meta Platforms Inc’s return on assets (ROA) stands at 0.17.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Meta Platforms Inc’s return on equity (ROE) stands at 0.33.

Dividend Per Share (DPS):

Meta Platforms Inc declared 0.5 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-25
4.32
4.71
9.03%