$Meta Platforms(META.US) (-6%) posted a messy quarter, with Revs and Non-GAAP EPS ex-one time items ahead of expectations, 3Q rev guidance a little light, and slightly higher than expected FY’26 CapExp guidance. 2Q FCF came in much higher than expected. I expect $Meta Platforms(META.US) to recover over next few days as investors realize ex-one time costs, META profits were strong.
2Q results:- GAAP EPS $6.18 vs $7.14 est. Ex $3.58B one time legal and severance expenses, Non-GAAP EPS $7.35 vs $7.14 est- Total revs $60.8B (+28% YoY) vs $60.2B est- Daily active people 3.6B +3% YoY in line with consensus- FCF +$784M vs -$1,215m est3Q guidance:- Revs $61-$64B vs $63.2B estFY’26 CapExp $130-$145B vs $125-$145B prior, vs WS est $136B.The copyright of this article belongs to the original author/organization.
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