Meta Platform: EPS $6.03 versus expected $5.24 : Revenues: $40.59B vs $40.27B estimate

• EPS $6.03 versus expected $5.24
• Revenues: $40.59B versus $40.279B estimate
• Capital expenditures estimate $38 billion – $40 billion
• Advertising revenue $39.89 billion versus expected $39.71 billion

Guidance:

• Estimate $45 billion – $48 billion

shares of meta are trading down 1.80% at $581.02

This article was written by Greg Michalowski at www.forexlive.com.