macro

Meta reports third-quarter revenue above estimates, fourth-quarter guidance near consensus

Meta posted third-quarter revenue of $64.6 billion versus a $63.4 billion estimate, with EPS of $3.83, according to Reuters.

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what happened

Meta reported third-quarter revenue of $64,601 million, above the IBES estimate of $63,368 million. Earnings per share came in at $3.83, and the operating margin was 20%.

For the fourth quarter, the company guided to revenue of $73,000 to $76,000 million. The lower end of that range sits slightly below the IBES estimate of $73,729 million. The figures are based on a Reuters report.

why it matters

Meta's results set the tone for the digital advertising market and large technology stocks that weigh heavily in the Nasdaq 100 and S&P 500. Market reactions to reports like this often depend as much on the forward guidance as on the current quarter's figures.

market impact

Tech sector and Nasdaq 100, S&P 500: Meta's results and guidance shape sentiment on the digital ad market

tags

instruments

METANasdaq 100S&P 500

sources

  1. BRIEF-Meta Q3 Revenue USD 64,601 Million Vs. IBES Estimate USD 63,368 Million — Reuters, 21 October 2026 at 20:02 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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