AMZN & META big earnings expansion. 2/2 Watchlist Video
Digestion day over in the stock market indices. But boy after hours we got an explosion off the AMZN & META earnings .
Amzn- Q4 Earnings: Amazon’s fourth-quarter revenue increased 14% year-over-year to $170 billion, which beat the consensus estimate of $166.21 billion, according to Benzinga. The company reported quarterly earnings of $1 per share, which beat analyst estimates of 80 cents per share.
Meta Platforms reported fourth-quarter revenue of $40.11 billion, which was up 25% year-over-year. The revenue total beat a Street consensus estimate of $39.17 billion according to data from Benzinga Pro.
Earnings per share in the quarter were $5.33, which beat a Street estimate of $4.96.
The company reported 3.19 billion average family daily active people, which was up 8% year-over-year. Family monthly active people totaled 3.98 billion at the end of the quarter, which was up 6% year-over-year.
Facebook daily active users were 2.11 billion at the end of the quarter, which was up 6% year-over-year. Facebook monthly active users were 3.07 billion at the end of the quarter, which was up 3% year-over-year.
Here is our econ data tomorrow. It may not matter as much with all this earnings heat.
This is what its all about if you want range your going to get it this week. We will be ready in the bulls chatroom to shred tomorrow bright and early. For those of you guys that want to check us out we do have a FREE TRIAL
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