Meta Platforms (META) Q4 Earnings and Revenues Top Estimates

Earnings Performance - Meta Platforms reported quarterly earnings of $8 02 per share, beating the Zacks Consensus Estimate of $6 68 per share, representing a 20 06% earnings surprise [1] - The company's earnings per share (EPS) increased from $5 33 per share a year ago, with adjustments for non-recurring items [1] - Over the last four quarters, Meta Platforms has consistently surpassed consensus EPS estimates [2] Revenue Growth - Meta Platforms posted revenues of $48 39 billion for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 3 02% [2] - Year-over-year revenue growth was significant, increasing from $40 11 billion in the previous year [2] - The company has consistently topped consensus revenue estimates over the last four quarters [2] Stock Performance - Meta Platforms shares have gained approximately 15 2% since the beginning of the year, outperforming the S&P 500's gain of 3 2% [3] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $5 35 on $41 6 billion in revenues [7] - For the current fiscal year, the consensus EPS estimate is $25 44 on $186 88 billion in revenues [7] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5] Industry Context - Meta Platforms belongs to the Zacks Internet - Software industry, which is currently in the top 16% of the 250 plus Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - DigitalOcean Holdings, Inc (DOCN) is expected to report quarterly earnings of $0 35 per share, representing a year-over-year decline of 20 5% [9] - DigitalOcean's revenues are expected to be $200 22 million, up 10 7% from the year-ago quarter [9] - The consensus EPS estimate for DigitalOcean has remained unchanged over the last 30 days [9]