What was Meta q4 earnings report?
Three Months Ended December 31, | % Change | |
---|---|---|
Revenue | $ 32,165 | (1) % |
Costs and expenses | 25,766 | 23 % |
Income from operations | $ 6,399 | (38) % |
Operating margin | 20 % |
Three Months Ended | Fiscal Year Ended | |
---|---|---|
Revenue | 14,201 | 56,075 |
Direct cost of revenue | 5,159 | 22,889 |
Gross profit | 9,042 | 33,186 |
Operating Expenses |
In 2017, the social network's total ad revenues totaled $39.94 billion. It increased to $55.01 billion in 2018 before rising further to $69.66 billion in 2019 and then $84.17 billion in 2020—effectively more than doubling its ad revenues in just three years.
Fourth-quarter revenue was $3.62 billion, up 11% from a year ago and down 6% from the previous quarter. Fiscal-year revenue rose 41% to a record $15.01 billion.
(“Robinhood”) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year of 2022, which ended December 31, 2022. Fourth Quarter Results: Total net revenues increased 5% sequentially to $380 million. Transaction-based revenues decreased 11% sequentially to $186 million.
The fourth quarter (Q4) is the busiest and most profitable time of the year for the majority of retailers including independent pharmacies.
Diluted income per common share was $3.07 compared to $2.49 in the fourth quarter of fiscal 2021.
Each year consists of four quarters. Each quarter's earnings equal the total revenues for that quarter minus the total expenses for that quarter. You report your revenues, expenses and earnings on your income statement.
Total U.S. ad spend in 2018 reached $151 billion, a 4.1% increase over the previous year, according to Kantar Media data shared with Marketing Dive.
Is Facebook losing ad revenue?
Weak advertising demand and competition from TikTok and other rivals yielded lower fourth quarter revenue and profit for Meta, Facebook's parent company. Ad revenue was down 4% to $31.3 billion at Meta's advertising-supported properties, including Facebook, Instagram, Messenger, and WhatsApp.
TikTok continues to take a bigger slice of that pie. In 2022, TikTok ad revenues topped $9.9 billion, an increase of 155% over the previous year. As one of the most popular social media apps, it's no wonder TikTok's ad revenue is seeing massive growth.
Facebook - 10 months
Zuckerberg's earliest creation, in 2004, reached the million user milestone just 10 months after he founded it in his dorm at Harvard University.
The market capitalisation of US tech giant Facebook crossed $1 trillion for the first time on Monday, June 28. The company hit an m-cap of $1.01 trillion. Facebook's shares closed at $355.64 on Monday, up to $14.27 or 4.18 per cent.
CFO Outlook Commentary
We expect third quarter 2023 total revenue to be in the range of $32-34.5 billion. Our guidance assumes a foreign currency tailwind of approximately 3% to year-over-year total revenue growth in the third quarter, based on current exchange rates.
NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 29, 2023, of $6.05 billion, down 21% from a year ago and up 2% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.57, down 52% from a year ago and up 111% from the previous quarter.
Analysts expect NVDA to bring in $0.47 in earnings per share, down 60% from a year before. My own calculations indicate a 66% earnings decline. GPUs are widely used in many products. However, NVIDIA is a fairly "niche" semi name that makes a lot of money selling to gamers and crypto miners.
NVIDIA gross profit for the twelve months ending July 31, 2023 was $21.120B, a 17.48% increase year-over-year. NVIDIA annual gross profit for 2023 was $15.356B, a 12.13% decline from 2022.
NEW YORK (AP) — Amazon on Thursday reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.
Coinbase reported fourth-quarter earnings after the bell on Tuesday. The crypto exchange reported $629 million in revenue, vs. $590 million as expected by Refinitiv analysts.
What were Q4 earnings for Ebay?
Fourth Quarter Financial Highlights
Revenue was $2.6 billion, up 5% on an as-reported basis and up 5% on a foreign exchange (FX) neutral basis. Gross merchandise volume (GMV) was $20.7 billion, down 10% on an as-reported basis and down 11% on an FX-Neutral basis.
What Makes Q4 So Special (& So Profitable)? Managers spend the first part of the year trying to figure out what their spending priorities will be and the months in the middle trying not to run out of money before the fiscal year is up. That often leaves excess budget at the end of the year that managers can spend.
Net profit for the quarter was $3.69 billion, or $1.07 per share, compared with $2.32 billion, or 68 cents per share, a year earlier.
Top Competitors and Alternatives of Q4
The top three of Q4's competitors in the Investment And Finance Services category are Coinbase with 11.52%, Orion Advisor with 7.35%, eMoney with 4.85% market share.
Fourth quarter of 2022 net sales increased 12% versus the fourth quarter of 2021. Gross profit in the fourth quarter of 2022 was $599 million, an increase of 22% versus the fourth quarter of 2021. Gross margin in the fourth quarter of 2022 improved by 300 basis points (a) to 38.1%.
The streamer's share price stood at $477.59 after the markets closed, roughly double its value a year ago. The company said it added 5.9 million customers during the second quarter. It now has 238.4 million global paid memberships, and its revenue is $8.2 billion.
Sales Growth: Look for 20% - 25% or higher growth in the most recent quarter. If the company's sales growth is below that benchmark, make sure it has at least increased in recent quarters. Return on Equity: Look for 17% or higher ROE.
Report Date | Fiscal Quarter | Last Year's EPS |
---|---|---|
Feb 20, 2023 | 2022 (Q4) | 0.16 |
Nov 08, 2022 | 2022 (Q3) | 0.17 |
Aug 15, 2022 | 2022 (Q2) | -0.55 |
May 11, 2022 | 2022 (Q1) | 0.1 |
- Inspect your finances. ...
- Audit your website. ...
- Set sales targets and outline expectations with your employees. ...
- Plan a holiday campaign. ...
- Coordinate thank yous and bonuses. ...
- Organize your business records and data. ...
- Make the most of Q4.
Amazon ranked as the most advertised brand in the United States in 2022, with a measured media ad spend of 6.1 billion U.S. dollars.
Who has the largest advertising spending in the US?
In 2022, Amazon was the largest advertiser in the United States, with advertising investments reaching around 13.5 billion U.S. dollars. Other prominent advertisers on this list included Comcast, Procter & Gamble, Walt Disney, and Alphabet (Google).
In 2022, Amazon was the leading retailer by ad spend in the United States. The company invested almost 13.5 billion U.S. dollars in advertising that year. Walmart ranked second, with approximately 3.4 billion U.S. dollars ad spend in the country.
In 2022, Meta Platforms generated a revenue of over 116 billion U.S. dollars, a slight decrease on the previous year. The majority of Meta's profits come from its advertising revenue, which amounted to 113.6 billion U.S. dollars in 2022. Meta's total Family of Apps revenue for 2022 amounted to 114 billion U.S. dollars.
Virtual reality and the metaverse continue to be a financial sinkhole for Meta. In the social media company's second-quarter earnings, it reported its Reality Labs unit, which oversees the VR and AR (augmented reality) technologies that go hand in hand with the metaverse, lost $3.7 billion.
Meta, the parent company of Facebook and Instagram, posted a revenue decline for the third consecutive quarter as it faces a pullback in ad spending and heightened competition from the likes of TikTok.
The answer is quite simple: The TikTok Creator Fund typically pays between $20 and $40 for one million views. TikTok's massive user base and its ability to make content go viral have made it a go-to platform for aspiring content creators looking for both fame and financial opportunities.
TikTok's YoY decline.
After hitting a new high in 2022, CivicScience noted a “steep decline” for TikTok among younger generations this year: “Usage fell from 18% to 11% among Gen Z (18-24) and from 10% to 5% among young Millennials (25-34) from August 2022 to June 2023.”
Luckily, a number of the program's top creators have publicized the amounts they've earned through the program. The consensus is that the TikTok Creator Fund pays between 2 and 4 cents for every 1,000 views, which adds up to only $20 to $40 dollars for a million views.
Facebook, Inc. will pay a record-breaking $5 billion penalty, and submit to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its users' privacy, to settle Federal Trade Commission charges that the company violated a 2012 FTC order by deceiving ...
Netflix. Launched in 1991; Time taken to reach 1 million users: 3.5 years, as per Statista data.
Why Mark Zuckerberg lost $30 billion dollars?
As investors punished Meta Platforms for its first-quarter sales guidance miss, CEO Mark Zuckerberg felt it where it mattered — his wallet. According to Forbes data, Zuckerberg lost $29.7 billion on Thursday, since he owns nearly 13% of the Facebook FB parent.
Topline. Shares of Facebook parent Meta fell over 25% on Thursday—erasing over $230 billion in market value for its worst trading session in history—after the company's dismal quarterly earnings report showed declining users and surging expenses related to the company's metaverse project.
Facebook's share price fell more than 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate.
Standard Oil. The Standard Oil Company produces monthly magazines for stock holders, this is the issue for April, 1915 in San Francisco, California. It wasn't that long ago when ExxonMobil, and not Apple, was the most valuable company in the United States.
Long-term projections have Meta at $272 by the end of 2022 and $360 by the end of 2023. Meta stock will hit $470 in 2025, $580 in 2027, and $765 in 2030, with further gains expected thereafter. For this Meta stock price forecast, we'll be looking at data from the beginning of this year, 2022, all the way through 2030.
Year | Prediction | Change |
---|---|---|
2025 | $ 482.56 | 53.01% |
2026 | $ 596.91 | 89.27% |
2027 | $ 738.35 | 134.12% |
2028 | $ 913.32 | 189.59% |
Year | Price in the middle of the year | Price at the end of the year |
---|---|---|
2025 | 439.75 USD | 469.6 USD |
2026 | 499.45 USD | 533.35 USD |
2027 | 567.25 USD | 605.75 USD |
2028 | 644.25 USD | 687.98 USD |
Estimate fro Q4 FY 2022 | Q4 FY 2021 | |
---|---|---|
Adjusted Earnings Per Share ($) | 2.20 | 3.67 |
Revenue ($B) | 31.5 | 33.7 |
Monthly Active People- Facebook Family (B) | 3.7 | 3.6 |
META Earnings Date
Meta Platforms, Inc. Class A Common Stock is expected* to report earnings on 10/25/2023 after market close. The report will be for the fiscal Quarter ending Sep 2023. According to Zacks Investment Research, based on 14 analysts' forecasts, the consensus EPS forecast for the quarter is $3.57.
We expect third quarter 2023 total revenue to be in the range of $32-34.5 billion. Our guidance assumes a foreign currency tailwind of approximately 3% to year-over-year total revenue growth in the third quarter, based on current exchange rates.
What is the new earnings of Meta?
Meta said its revenue for the second quarter jumped 11 percent from a year earlier, to $32 billion. Profits rose 16 percent, to $7.8 billion, fueled in part by improvements made to Meta's advertising technology using artificial intelligence, as well as other product tweaks.
fell 4% in after-hours trading. At the same time, Amazon said its overall revenue rose 9% to $149.2 billion, higher than the $145.7 billion analysts were expecting. It said it expects revenue of between $121 billion and $126 billion during the current quarter. Analysts had been expecting $125 billion.
(PYPL) on Thursday reported fourth-quarter net income of $921 million.
Period | EPS | Revenue |
---|---|---|
Earnings history by period FQ1 2023 (Mar 2023) | 0.28 | 165.13M |
Earnings history by period FQ4 2022 (Dec 2022) | 0.28 | 163.00M |
Earnings history by period FQ3 2022 (Sep 2022) | 0.38 | 152.12M |
Earnings: $2.98 per share vs. $2.91 expected by Refinitiv. Revenue: $32 billion vs. $31.12 billion expected by Refinitiv.
The Morgan Stanley analysts, who have a 375 target on Meta stock, forecast 2024 EPS of $18.50 a share, well above the $16.85 average estimate.
What is META EPS forecast? META EPS forecast for the fiscal quarter 2023 (Q3) is $3.58.
Taiwan Semiconductor Manufacturing Company Ltd. is expected* to report earnings on 10/19/2023 after market close. The report will be for the fiscal Quarter ending Sep 2023. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $1.15.
When the next reporting season kicks off in earnest in October, analysts estimate that companies in the S&P 500 will show that profits inched up 0.5%, helping deliver a 1.2% increase for 2023, according to FactSet.
For example, at 20, 25, and 30 times earnings, shares would trade at $635, $793, and $952, respectively. There are 2.563 billion outstanding shares, so (assuming zero share repurchases moving forward) these prices give Meta a market cap between $1.6 trillion and $2.4 trillion in 2030.
Has Meta ever made a profit?
Meta Platforms gross profit for the twelve months ending June 30, 2023 was $94.418B, a 1.75% decline year-over-year. Meta Platforms annual gross profit for 2022 was $91.36B, a 4.11% decline from 2021. Meta Platforms annual gross profit for 2021 was $95.28B, a 37.54% increase from 2020.
That brings its losses since the beginning of 2022 to $21.5 billion—and its overall losses (since the fourth quarter of 2020) to just shy of $34 billion. Despite the losses, CEO Mark Zuckerberg remains “fully committed” to the metaverse and A.I., calling them both “major priorities” that overlap and are complementary.
So far, Meta's recovery has been better than expected. After reporting a 3% year-over-year increase in revenue in the first quarter of 2023, Meta managed to grow revenue by 11% year over year in Q2 and beat the higher end of its guidance.
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- https://money.com/apple-trillion-biggest-companies-in-history/
- https://nationalaffairs.com/publications/detail/why-is-social-security-regressive
- https://www.tipranks.com/stocks/meta/earnings
- https://www.investopedia.com/terms/r/regressivetax.asp