Meta Earnings: Ad Revenue Rebound Seen Despite Regulatory Headwinds
• Meta's advertising revenue expected to rebound, with analysts forecasting robust growth • Meta anticipated to provide updated 2024 expense outlook and further details on AI initiatives • Regulatory scrutiny remains ongoing concern, with recent Senate hearing on kids' safety online • Meta predicted to post strong user growth, with monthly active users estimated up 2-3% to 3.03 billion • Meta earnings expectations include Q1 revenue of $33-35 billion and Q4 EPS of $4.83 on sales of $39.1 billion