At 4:28 a.m., Meta Platforms (ex Facebook) shares rose. In the NASDAQ session, the stock climbed 0.5 percent to $575.40. This puts the share on the winning side in the S&P 500, which is currently at 5,694 points. The Meta Platforms (ex Facebook) share reached its daily high so far at USD 577.06. At the opening of the stock market, the stock was trading at $570.14. The number of Meta Platforms (ex Facebook) shares traded so far is 356,618.
With a price gain of up to USD 583.03, the title reached a 52-week high on October 2nd, 2024. In order to reach the 52-week high, the stock would have to gain 1.33 percent. The title reached its lowest level in 52 weeks on October 27, 2023 at USD 279.49. With sales of 51.43 percent, the 52-week low from the current price level would be reached again.
Experts expect a dividend payout of USD 1.86 this year, after USD 0.000 in 2023. Meta Platforms (ex Facebook) published the balance sheet for the quarter ended on June 30, 2024 on July 31, 2024. Meta Platforms (ex Facebook) earned $5.31 per share in the most recent quarter. In the same quarter last year it was USD 3.03 per share. On the sales side, an increase of 22.10 percent was generated compared to the sales of USD 32.00 billion generated in the same quarter of the previous year. Accordingly, the most recent revenue was reported at $39.07 billion.
The results for the current quarter Q3 2024 are expected to be presented on October 30, 2024. Experts expect the Q3 2025 balance sheet from Meta Platforms (ex Facebook) to be presented on October 29, 2025.
Analysts expect Meta Platforms (ex Facebook) to report earnings per share of $21.29 in 2024.
Editorial team finanzen.ch