Earnings
Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a […]
Image source: The Motley Fool. MercadoLibre (MELI 6.36%)Q2 2022 Earnings CallAug 03, 2022, 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Lissa Schreurs Hello, everyone, and welcome to the MercadoLibre earnings conference call for the quarter ended June 30, 2022. I am Lisa Schreurs, investor relations officer for MercadoLibre. Today, we will […]
H&R Real Estate Investment Trust (OTCPK:HRUFF) Q1 2022 Earnings Conference Call May 10, 2022 9:30 AM ET Company Participants Tom Hofstedter – Chief Executive Officer Philippe Lapointe – President, Lantower Residential Larry Froom – Chief Financial Officer Conference Call Participants Jenny Ma – BMO Capital Markets Sumayya Syed – CIBC Matt Kornack – National Bank […]
Equities analysts forecast that Selective Insurance Group, Inc. (NASDAQ:SIGI) will announce $1.45 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Selective Insurance Group’s earnings. The lowest EPS estimate is $1.38 and the highest is $1.60. Selective Insurance Group posted earnings per share of $1.84 in […]
Now that we’re deep into October, third-quarter earnings season is formally in excessive gear. It is necessary for traders to observe earnings experiences, as they’ve the facility to ship shares greater or decrease, in addition to shift investor sentiment. Earnings experiences present a three-month snapshot of how an organization carried out, in addition to commentary […]
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Meta Stock Has Never Been Cheaper. Should I Buy the Former Facebook?
ABC Audio All Rights Reserved
February 15, 2022
Text size Meta Platforms, the former Facebook, has a lower price-to-earnings ratio than other Big Tech companies. Noah Berger/AFP via Getty Images Meta Platforms ‘ stock is as cheap now as it has ever been since the company’s 2012 initial public offering. After a 32% fall in its shares, to $219, since Feb. 2, when […]