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Meta posts stronger-than-expected Q4 results though costs continue to soar
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The Independent News
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Read our Privacy noticeMeta's fourth-quarter results jumped past Wall Street's expectations thanks to solid advertising revenue, sending shares higher in after-hours trading Wednesday.
Analysts, on average, were expecting earnings of $8.21 per share on revenue of $58.5 billion, according to a poll by FactSet.
For the current quarter, Meta is forecasting revenue in the range of $53.5 billion to $56.5 billion.
For 2026, Meta is forecasting expenses in the range of $162 billion to $169 billion, driven by infrastructure costs and employee compensation.