Why Is Meta Platforms (META) Up 12.7% Since Last Earnings Report?

Company Overview - Meta Platforms (META) shares have increased by approximately 12.7% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is essential to understand the key drivers behind this performance [1] Earnings Estimates - Estimates for Meta Platforms have trended upward in the past month, with a consensus estimate shift of 6.17% [2] VGM Scores - Meta Platforms has a strong Growth Score of A, but a lower Momentum Score of D, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] - The overall aggregate VGM Score for Meta Platforms is B, which is relevant for investors not focused on a single strategy [3] Outlook - The upward trend in estimates is promising, and Meta Platforms holds a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the coming months [4] Industry Performance - Meta Platforms is part of the Zacks Internet - Software industry, where F5 Networks (FFIV) has gained 5.6% over the past month [5] - F5 Networks reported revenues of $731.12 million for the last quarter, reflecting a year-over-year increase of 7.3%, with EPS of $3.42 compared to $2.91 a year ago [5] - For the current quarter, F5 is expected to post earnings of $3.49 per share, indicating a year-over-year change of 3.9% [6] - F5 has a Zacks Rank of 2 (Buy) based on the direction and magnitude of estimate revisions, along with a VGM Score of C [6]