Latest Bollywood Dance Songs Meta Platforms NASDAQ META and Snap NYSE SNAP went in opposite directions after their latest earnings reports Meta s stock tumbled after the company followed
In the valuation battleground Meta s stock commands seven times this year s sales dwarfing Snap s five times yet Meta justifies this with a larger more rapid growth and META smashed 4Q23 street estimates for both EPS and revenue powered by advertising demand from Chinese retailers
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Meta certainly deserves a premium versus Snap in terms of its P S multiple because it s profitable so the lack of a premium makes it look undervalued against Snap Snap shares initially rallied after its Q3 report with Meta continuing a post earnings selloff on Thursday Optimism for Snap came as its Snapchat application doubled the number
Key Points Meta s stock dipped after its latest earnings report Snap s stock soared after it surpassed analysts expectations The market leader still has a brighter future than the When is Meta Platforms next earnings announcement View the latest META earnings date analysts forecasts earnings history and conference call transcripts
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Reporting Q3 results on Wednesday Meta Platforms META and Snap SNAP exceeded top and bottom line expectations but the social media leaders saw their stocks dip in Social media stocks have seen a widespread sell off over the last year which has dragged Facebook parent Meta Platforms and Snapchat parent Snap down dramatically Does this
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Meta Platforms NASDAQ META and Snap NYSE SNAP went in opposite directions after their latest earnings reports Meta s stock tumbled after the company followed

https://www.asktraders.com › analysis › meta-vs-snap-earnings-calls-b…
In the valuation battleground Meta s stock commands seven times this year s sales dwarfing Snap s five times yet Meta justifies this with a larger more rapid growth and

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