Meta Platforms Q4 Earnings Preview: Look for Increased Spending on the Metaverse
Meta Platforms (NASDAQ: FB), formerly known as Facebook, is scheduled to report fiscal 2021 fourth-quarter earnings on Wednesday, Feb. 2. The company made a splash in its most recent quarter's announcement when it indicated a significant shift in business focus to the metaverse. Meta will be allocating a tremendous amount of resources to the project for several years.