Meta Platforms $META reported Mixed Q3 2026 Earnings

Revenue: $64.6 B vs. $63.41 B expected, up 26% YoY ✅
EPS: $3.83 vs $6.86 expected, up 265% YoY ❌

Advertising revenue expanded to $63.06 billion, driven by double-digit growth in both ad impressions (+10%) and average price per ad (+14%).

Management issued strong Q4 2026 revenue guidance of $73 billion to $76 billion, underscoring confidence heading into the holiday quarter.

With the stock up 2% in after-hours trading, it seems the market reacted more positively to the revenue growth rather than the earnings.

#EarningsSeason