Last updated 2024-09-19 04:29:07 (EDT)

Quarterly EPS Trend Analysis

Growth Trend of Quarterly Net Income for Meta Platforms, Inc.(META).

Trend Chart of Adjusted Quarterly EPS vs. Stock Price for Meta Platforms, Inc.
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Seasonally Adjusted Quarterly EPS Growth Rate tooltip

Quarter-over-Quarter EPS Growth Rate2.8%
Year-over-Year Quarterly EPS Growth Rate75.2%
As of 2024-06-30

Correlation Analysis between Quarterly EPS and Stock Price

Analyze the correlation between Meta Platforms, Inc.(META) stock price and seasonally adjusted quarterly EPS. If there is a moderate to high correlation, the overall seasonally adjusted quarterly EPS can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Adjusted Quarterly EPS vs. Stock Price for Meta Platforms, Inc. (META)

Seasonally Adjusted Quarterly EPS and stock price of Meta Platforms, Inc. (META) show a High Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Adjusted Quarterly EPS and Stock Price

High Correlation 0.79

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.

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