Meta Stock Rises After Earnings, Sales Beat Estimates

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Meta Stock Rises After Earnings, Sales Beat Estimates

Shares of Meta Platforms have risen substantially this year.

Shares of Meta Platforms have risen substantially this year. (Francis Mascarenhas/Reuters)

Shares of Facebook and Instagram parent Meta Platforms rose in late trading Wednesday after the social-media giant reported sales and profits that beat Street estimates after the close.

Meta’s stock was recently up more than 3%. The shares fell 4.2% in Wednesday’s regular session. Read the Journal’s full coverage of the results here.

Here are some of the company’s high-level numbers, compared with consensus estimates compiled by FactSet:

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