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Meta: EPS up 50% in Q4

(CercleFinance.com) - On Wednesday evening Meta Platforms, the operator of Facebook, Instagram, Messenger and WhatsApp, announced a 50% increase in Q4 2024 EPS to $8.
02, with an operating margin that improved by seven points to 48%.

The social networking giant's quarterly revenues rose by 21% to almost $48.4bn, while its number of average daily users increased by 5% y-o-y to 3.35 billion in December.

For the full year, Mark Zuckerberg's group posted EPS that is up 60% to $23.86, with an operating margin of 42% on revenues that rose 22% to $164.5bn.

Meta expects revenues of $39.5bn to $41.8bn for the current quarter, and forecasts capex of $60bn to $65bn and total expenditure of $114bn to $119bn in 2025 as a whole.


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