Earnings On The Horizon: Meta Platforms, Boeing, and IBM - A Preview
- October 21st, 2023
- 532 views
On Wednesday, October 25, several major companies are gearing up to unveil their financial results, including:
Meta Platforms, Inc. (Nasdaq: META), the parent company of social media giant Facebook, is set to announce its financial performance for the third quarter of 2023 after the market's closing bell.
Analysts are expecting earnings per share (EPS) of $3.43 on revenue amounting to $31.71 billion.
On Friday, $META closed at $308.65, showing a decline of $4.16 (-1.33%).
The Boeing Company (NYSE: BA), a prominent player in the aerospace industry, will release its financial results for the third quarter of 2023 before the stock market opens.
The consensus estimate points to a loss of $2.72 per share on revenue totaling $17.09 billion.
$BA closed at $180.04 on Friday, down $2.75 (-1.50%).
International Business Machines Corporation (NYSE: IBM), a global technology and IT services provider, is expected to announce its third quarter 2023 financial results after the close of the market.
Analysts are forecasting an EPS of $2.01 on revenue of $13.93 billion.
On Friday, $IBM closed at $137.16, reflecting a decrease of $0.85 (-0.62%).
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