HomeLifestyleMediaMeta Platform, Twitter, Qualcomm, Mastercard Earnings Breakdown
Meta Platform, Twitter, Qualcomm, Mastercard Earnings Breakdown

Meta Platforms (FB) released 1Q earnings April 27, 2022, after market close. EPS came in higher than expected, at $2.72 versus the estimate of $2.54, while revenue missed expectations, coming in at $27.91B versus an estimate of $28.21B. Twitter (TWTR) reported 1Q earnings April 28 premarket with EPS of $0.90 versus the estimate of $0.04, while revenue was in line at $1.20B on an estimate of $1.21B. Elon Musk says he doesn’t care about the economics of Twitter, says Shawn Cruz. There’s going to be some volatility on Twitter, Shawn adds. Qualcomm (QCOM) reported 2Q revenue of $11.16B versus $10.58B estimate. Shawn points out 5G is an area of growth opportunity for Qualcomm. Lastly, Shawn discusses Mastercard (MA), with its beat on both EPS and revenue. Tune in to find out more.

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