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    • Meta faces tough comparisons, analyst says
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    Meta faces tough comparisons, analyst says

    Umito Posted on

    Meta’s growth may have slowed over the past quarter, and a CFRA analyst predicts further deceleration ahead.

    CFRA’s Angelo Zino forecasts 18% growth in the third quarter, up from 22% in the second quarter. For the next two quarters, Meta could see revenue growth of 15% and 13% respectively, according to its estimates.

    “The challenge over the next two quarters reflects comparable growth rates of 25% and 27% in the respective periods last year, driven by high ad spending in China,” he wrote.

    Umito
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