Meta’s fourth-quarter results jumped past Wall Street’s expectations thanks to solid advertising revenue, sending shares higher in after-hours trading Wednesday
Meta’s fourth-quarter results jumped past Wall Street’s expectations thanks to solid advertising revenue, sending shares higher in after-hours trading WednesdayFILE -A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif.
, April 29, 2025. Meta's fourth-quarter results jumped past Wall Street's expectations thanks to solid advertising revenue, sending shares 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.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. That's above analysts' forecast of $51.4 billion. For 2026, Meta is forecasting expenses in the range of $162 billion to $169 billion, driven by infrastructure costs and employee compensation.3 hours ago
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