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Buy Meta Stock After Strong Q4 Results & CapEx Hike? [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Overshadowing reports from Microsoft MSFT and Tesla TSLA , Meta stood out with stronger revenue growth and a bigger earnings beat while offering better-than-expected guidance as well. Although the social media leader announced a significant increase in its capital expenditures (CapEx), investors reacted positively as AI boosted Meta's Q4 performance by improving ad targeting, driving higher engagement, and strengthening advertiser demand. Robust growth in its family of social media apps (Facebook, Instagram, WhatsApp), higher ad impressions, and improved ad pricing all contributed to a standout quarter with Meta stock spiking as much as +10% in Thursday's trading session. Image Source: Zacks Investment Research Posting Q4 sales of $59.89 billion, Meta's top line stretched nealry 24% from $48.38 billion in the prior year quarter and impressively topped estimates of $58.59 billion by 2%. On the bottom line, Meta's Q4 EPS of $8.88 was up 11% from $8.02 per share a year ago and b
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