IB Net Payout Yields Model

Meta Platforms: Yikes

 

  • Meta Platforms reported a horrible quarter in the first quarterly report after changing its name from Facebook.
  • The social media platform is now losing over $13 billion annually on the Reality Labs segment focused on the Metaverse.
  • The stock isn't investable with the disconnect between revenue growth and soaring expenses leading to massive EPS cuts going forward.
  • Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio. Learn More »
Read the full article on Seeking Alpha. 

Disclosure: No position. Please review the disclaimer page for more details. 

The article is currently the top trending one on Seeking Alpha. 



Comments

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments