Meta beats on top, bottom lines, gives stronger-than-expected forecast
Meta beating on the top and bottom line. EPS of $8.88% versus estimates of $823. Revenues of 59.89% billion showing 24% revenue growth.That's actually an acceleration from the third quarter pace of growth. Analysts had been expecting it to dip slightly um and coming in ahead of estimates of 58.59% billion. The key number here is capex, the company guiding to capex for uh the full year of 2026 in a range of 115 to 135 billion.That is ahead of estimates of about 110 billion. They say this year-over-year growt ...