Meta Q1 2023 Earnings Preview: Win big by guessing the closing price!
Rewards
● An equal share of 1,000 points: For mooers who correctly predict META's closing price range on Apr 27 ET by Apr 27, 2:00 PM ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing META's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
*The selection is based on post quality, originality, and user engagement.
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club.
Book the Live Earnings Conference:
Meta Q1 2023 earnings conference call
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club.
Book the Live Earnings Conference:
Meta Q1 2023 earnings conference call
Disclaimer:
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steady Pom pipi : +3%
mr_cashcow : +4%
ZnWC : +2% share price change in post market
My view:
market sentiment is positive after tik tok banned by many countries; like Q4 revenue and eps will miss estimate but market share increase. Investors took the layoff positively as company become more efficient. It's investment in "Advanced AI" Metaverse will bring small rally to share price.
Detroit-view : looking for a small dip to $206.50.
Meta seems to forestall further collapse with layoffs but I don't see adjustments for the investment in the virtual space. thus the rising costs will not add to revenues in the short run. ad revenues will hold for another quarter.
Xixi29 : +3%
GodSpeed289 : - 5%
The social media giant faced many challenges last year, with the Metaverse being a costly undertaking and its saw its stock plunge. Weak advertising demand is a headwind, and the company braced for another round of layoffs in May. Well, with bad news after one another, the declining revenue trend is expected to have continued in the first quarter.
102392341 : I would guess price 195
股勇者 : it could dip below 200 level
quekky : -5%
LilStevie007 : Fall between 0-5%
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