"Meta's fourth-quarter results jumped past Wall Street's expectations thanks to solid advertising revenue, sending shares sharply higher in after-hours trading Wednesday. The company earned $22.77 billion, or $8.88 per share, in the October-December quarter. That's up 9% from $20.84 billion, or $8.02 per share, in the same period a year earlier. Revenue grew 24% to $59.89 billion from $48.39 billion. Analysts, on average, were expecting earnings of $8.21 per share on revenue of $58.5 billion, according to a poll by FactSet."
""Once again, Meta surpassed analysts' earnings expectations for the quarter, cementing its position as one of the world's most dominant media companies," said Debra Aho Williamson, chief analyst at Sonata Insights. "Its strong performance provides a solid foundation to continue its massive investments into AI. If there were any signs of revenue shortfall, investors would look at the capital expenditures more negatively." Meta's expenses, which the company already warned will be significantly higher this year, grew 40% to $35.15 billion. For the current quarter, Meta is forecasting revenue in the range of $53.5 billion to $56.5 billion."
Meta reported Q4 earnings of $22.77 billion, or $8.88 per share, a 9% increase from the prior year. Revenue rose 24% to $59.89 billion. Analysts had expected $8.21 per share on $58.5 billion in revenue. Expenses climbed 40% to $35.15 billion as the company expands infrastructure and compensation. Meta forecasts next-quarter revenue between $53.5 billion and $56.5 billion, above analyst estimates, and projects 2026 expenses of $162 billion to $169 billion driven by infrastructure costs and AI talent pay. Headcount reached 78,865, up 6% year-over-year, and shares jumped in after-hours trading.
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