Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by Pigalowda on Wednesday February 02, 2022 @06:18PM
(#30185628)
Revenues for the quarter jumped 20 percent to $33.67 billion from $28.07 billion last year. Analysts had a consensus revenue estimate of $33.41 billion for the quarter.
> It’s a slight earnings miss. The price will rebound in the morning and it’ll be back up in a week or two.
> It’s a slight earnings miss. The price will rebound in the morning and it’ll be back up in a week or two.