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via finance.yahoo.comBusiness & Companies

Meta Q3 earnings expected at $3.56 EPS on $63.3B revenue, a test of investor patience on AI spending

FROM THE WIRE · FINANCE.YAHOO.COM

Meta (META) will kick off Big Tech's earnings season when it reports its third quarter results after the bell on Wednesday. For the third quarter, Meta is expected to post earnings per share of $3.56 on revenue of $63.3 billion, according to Bloomberg analyst consensus…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralResults from a mega-cap test investor tolerance for AI spending across the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Meta reports its third-quarter results after the bell on Wednesday.
  2. 02Consensus expects EPS of $3.56 on revenue of $63.3 billion.
  3. 03Capital expenditures are projected to rise 117% year over year to $41 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Meta Platforms, Inc.METAStock688.88 USD-0.06%today -2.35%Neutral CoreWeave, Inc. Class A Common StockCRWVStock62.11 USD+0.70%today +1.62%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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