5 Most Anticipated Earnings to Watch in October

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1. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 184

Meta Platforms, Inc. (NASDAQ:META) plans to announce its profit and sales for the third quarter after the closing bell on October 26, 2022. Like its peers, the social network giant is also struggling to boost its sales.

Meanwhile, Meta Platforms, Inc. (NASDAQ:META) plans to cut costs to make up for its decelerating sales growth. On the other hand, several analysts also expressed concerns about the growth prospects of the company.

For instance, Atlantic Equities analyst James Cordwell recently trimmed his ratings for Meta Platforms, Inc. (NASDAQ:META) from “Overweight” to “Neutral,” citing increasing macro challenges and intensifying competition.

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