Published Wed, Apr 30 202512:00 PM EDTUpdated 4 Min Ago
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.
David Paul Morris | Bloomberg | Getty Images
Meta shares rose nearly 3% after the company reported stronger-than-expected revenue in the first quarter.
Here's how the company did, compared with estimates from analysts polled by LSEG:
- Earnings per share: $6.43 vs. $5.28 expected
- Revenue: $42.31 billion vs. $41.40 billion expected
The company said that second quarter sales will be in range of $42.5 to $45.5 billion.
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