Meta Platforms (META) Set To Post Revenue Growth In Earnings

Meta Platforms (META) is up 140% on the year and its earnings are to be released today, postmarket. Its adjusted EPS is estimated at $2.87 and revenue is estimated at $30.19B. Alex Coffey and Jenny Horne discuss META as ad space is tighter than it was last year, but META is expecting to see advertising improvement. META is expected to post its largest revenue growth in more than a year. This would be its second quarter in a row growing revenue. They note that this name has a strong upward trend. Alex then demonstrates an example trade using META. The trade type is a buy call calendar and the direction is bullish. Tune in to find out more about the stock market today.