Meta guided Q4 revenue $73B-$76B vs estimate $73.57B. Raised FY total expense guidance to $175B-$179B from $165B-$169B. FY capex unchanged at $135B-$145B. Established a new non-voting Class C common stock.
Sentimentbearish 30
Bearish · 30 of 100
Impact60
medium · sector-wide
Confidence70%
moderate confidence · single wire
Eventdeveloping
v1 · alerts feed only
WHAT WE KNOW
Q4 revenue guidance $73B-$76B vs estimate $73.57B
FY total expense guidance raised to $175B-$179B from $165B-$169B
Meta issued Q4 revenue guidance of $73B-$76B, roughly in line with the $73.57B consensus estimate. The company raised its full-year total expense guidance to $175B-$179B from the prior $165B-$169B range. FY capex guidance was maintained at $135B-$145B. Meta also announced the creation of a new non-voting Class C common stock.
FREE ACCOUNT · NO CARD
The headline and the read are open. The reasons are one free account away, on every story.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
