Meta Platforms is set to report second-quarter 2026 results on July 29, with total revenue expected between $58 billion and $61 billion. The Zacks Consensus Estimate for revenue is $60.17 billion, up 26.63% year over year, while the consensus earnings estimate is $7.13 per share, down 0.14% from the prior-year quarter. The company's performance is likely to have benefited from strong advertising growth, AI-driven improvements in ad performance, and expanding monetization across Threads and WhatsApp, though elevated infrastructure and employee-related expenses may have weighed on profitability. Meta shares have dropped 9.9% year to date, underperforming the broader sector, and the stock currently carries a Zacks Rank #3, or Hold, suggesting investors wait for a more favorable entry point.
Meta Platforms Inc.Earnings preview with mixed signals: strong revenue growth but earnings decline and elevated expenses; Zacks Rank #3 Hold.
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