
Meta reported Q3 revenue of $51.24 billion, exceeding analyst estimates of $49.6 billion. Diluted EPS was $1.05, missing the $6.70 consensus due to a one-time, non-cash tax charge of $15.93 billion; on an adjusted basis, EPS would have been $7.25, above expectations. For Q4, Meta guided revenue between $56–59 billion, matching consensus and reflecting ongoing strength in core ad demand and major investments in AI
Bullish
Revenue beat estimates, up 23% YoY, showing resilience in advertising demand.
Bearish
Reported EPS missed by a wide margin due to an unexpected tax charge from the “One Big Beautiful Bill Act,” causing an 83% drop in net profit.