META +82 to 777 after hours on a huge earnings beat -
Meta Platforms beats by $1.26, beats on revs; guides Q3 revs above consensus, narrows FY25 total expense and capex guidance (695.21 -4.79) :
Reports Q2 (Jun) earnings of $7.14 per share, $1.26 better than the FactSet Consensus of $5.88; revenues rose 21.6% year/year to $47.52 bln vs the $44.81 bln FactSet Consensus.
DAP was 3.48 billion on average for June 2025, an increase of 6% year-over-year.
Average price per ad increased by 9% year-over-year.
Ad impressions delivered across our Family of Apps increased by 11% year-over-year.
Co issues upside guidance for Q3, sees Q3 revs of $47.5-$50.5 bln vs. $46.23 bln FactSet Consensus.
Narrows FY25 total expense guidance to $114-$118 bln, from prior outlook of $113-$118 bln.
Narrows FY25 capex guidance to $66-$72 bln from prior guidance of $64-$72 bln.
Co states, "While we are not providing an outlook for fourth quarter revenue, we would expect our year-over-year growth rate in the fourth quarter of 2025 to be slower than the third quarter as we lap a period of stronger growth in the fourth quarter of 2024.