Here’s a rough analysis of the earnings reports for $METAB and $SPCXB . DYOR
⬛️ I think Meta will beat expectations, for the following reasons:
The threshold for META to be considered a beat is $6.31.
▪️ Analysts surveyed by MarketBeat expect EPS of about $6.58 🔺
▪️ The EPS estimate on FXEmpire’s earnings page matches the threshold.
On the business side, Q3 revenue is expected to be about $63.3 billion, up 24% year over year, with continued support from growth in the advertising business.
Based on the above, my decision is Yes.
⬛️ I don’t think SPCX will beat expectations, for the following reasons:
The threshold for SPCX to be considered a beat is $0.17.
▪️ TipRanks’ earnings preview puts expected EPS at about $0.14 🔻
▪️ Investors reports a forecast range of about $0.14 to $0.23.
In SPCX’s case, expectations are clearly divided, and the $0.17 threshold is not a low bar—it’s already higher than many analysts’ estimates.
Based on the above, my decision is No.
⬛️ I think Meta will beat expectations, for the following reasons:
The threshold for META to be considered a beat is $6.31.
▪️ Analysts surveyed by MarketBeat expect EPS of about $6.58 🔺
▪️ The EPS estimate on FXEmpire’s earnings page matches the threshold.
On the business side, Q3 revenue is expected to be about $63.3 billion, up 24% year over year, with continued support from growth in the advertising business.
Based on the above, my decision is Yes.
⬛️ I don’t think SPCX will beat expectations, for the following reasons:
The threshold for SPCX to be considered a beat is $0.17.
▪️ TipRanks’ earnings preview puts expected EPS at about $0.14 🔻
▪️ Investors reports a forecast range of about $0.14 to $0.23.
In SPCX’s case, expectations are clearly divided, and the $0.17 threshold is not a low bar—it’s already higher than many analysts’ estimates.
Based on the above, my decision is No.