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The turnover, in the last quarter of 2021, at 33.67 billion higher than the consensus. Profitability drops. Lower than expected turnover is expected in the current quarter
by Vittorio Carlini
Meta beats the estimates for revenues for the last quarter of 2021 but disappoints on the future. Mark Zuckerberg’s group, which controls the social networks Facebook and Instagram, went beyond revenue estimates in the final quarter of 2021. Revenue settled at $ 33.67 billion, up 30% over the same. period of 2020 (28.072 billion). The market consensus, calculated by Refinitiv, indicated a turnover of 33.4 billion dollars. On the other hand, profitability is down …