Meta Platforms, Inc. reports results for the quarter ended September 30 - Earnings Summary

Meta Platforms

Yesterday 22:02

Meta Platforms, Inc. META.OQ reported quarterly adjusted earnings of $6.75​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $7.25.  The mean expectation of forty seven analysts for the quarter was for earnings of $5.68 per share. Wall Street expected results to range from $2.61  to $7.57 per share.
Revenue rose 26.1% to $64.60 billion from a year ago; analysts expected $63.37 billion. 
Meta Platforms, Inc.'s reported EPS for the quarter was $3.83​.
The company reported quarterly net income of $9.86 billion.
Meta Platforms, Inc. shares had fallen by 4.3% this quarter and gained 5.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 19.4% in the last three months.​ 
In the last 30 days, fifteen analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 56 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" 
Wall Street's median 12-month price target for Meta Platforms, Inc. is $815.00, about 14.8% above its last closing price of $694.25
This summary was machine generated from LSEG data October 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
5.68
6.75
Beat
Jun. 30 2026 
7.22
6.18
Missed
Mar. 31 2026 
6.79
7.31
Beat
Dec. 31 2025 
8.23
8.88
Beat