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S&P 500 stock Meta Platforms (formerly Facebook) stronger in the afternoon

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At 04:22 the Meta Platforms newspaper (formerly Facebook) went up. In XETRA trading, it increased 0.9% to EUR 132.70. The share of Meta Platforms (formerly Facebook) rose to EUR 135.54, the previous daily high. At the start of XETRA trading, the stock was quoted at EUR 133.82. Most recently, the turnover in XETRA trading was 23,078 Meta Platforms shares (formerly Facebook).

On November 22, 2021, price gains pushed the stock to EUR 314.25 and then to its highest level in 52 weeks. With a gain of at least 57.77%, Meta Platforms (formerly Facebook) shares could mark a new high of 52 weeks. On October 13, 2022, the share price fell to a 52-week low of EUR 126.90. The share of Meta Platforms (formerly Facebook) is currently trading 4.57% above the 52-week low.

Analysts value shares of Meta Platforms (formerly Facebook) at $ 242.11 on average.

Meta Platforms (formerly Facebook) reviewed its books on July 27, 2022: At the quarterly financial conference, the group released its financial statements for the quarter ended June 30, 2022. EPS was quoted at $ 2.46. In the previous year’s quarter, Meta Platforms (ex-Facebook) earned $ 3.30 per share. In the last quarter, Meta Platforms (formerly Facebook) earned USD 28,822.00. This corresponds to a 0.88 percent discount on the previous year’s value. USD 29,077.00 had been implemented here.

Results for the current quarter Q3 2022 are expected to be presented on October 26, 2022. Experts expect the results for the third quarter of 2023 to be presented on November 1, 2023.

Experts predict that Meta Platforms (formerly Facebook) will post earnings of $ 9.86 per share in 2022.

Financeen.net editorial staff

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