Meta Posts Mixed Q2 Results, Joins Coursera, Qualcomm And Other Big Stocks Moving Lower In Thursday’s Pre
Meta reported Q2 revenue of $60.80B, above the $59.50B estimate, but adjusted EPS was $6.18 versus $7.13 expected, according to Benzinga Pro. Meta also guided full-year capex at $130B to $145B, compared with prior $125B to $145B. Meta shares fell 9.4% to $530.88 in pre-market.
How this was made
The 30-second read
Why it matters
Meta’s revenue beat is offset by an adjusted EPS miss and a higher capex outlook versus prior guidance, aligning with the reported pre-market decline.
Market read
Traders get a fresh earnings-and-guidance datapoint for Meta, with immediate pre-market price reaction and a concrete capex range.
What to watch
The article does not break out margins, ad pricing vs volume, or segment performance, which could explain whether the EPS miss is temporary or structural.
Background
The article is a pre-market wrap centered on Meta’s Q2 results and guidance, with a note that other stocks are also moving lower.
Ticker impact
Meta reported Q2 revenue of $60.80B beating estimates, but adjusted EPS of $6.18 missed $7.13, and pre-market shares fell 9.4%.
Bearish bias for the next session as traders weigh EPS miss and capex guidance versus the revenue beat.
The article provides the directionally negative pre-market move (down 9.4%) alongside a concrete EPS miss and a capex range that is higher than prior midpoint.
Market effects
Reinforces that large-cap ad/platform earnings are being judged heavily on profitability metrics (EPS) and spending plans (capex).
Limited, as the piece is primarily single-name earnings-driven for Meta.
Limited; Meta’s results can influence broader tech sentiment but no global macro/regulatory shock is described.
Counterpoint
Revenue beat suggests demand resilience, and the capex range still falls within the prior upper bound, so the selloff may overreact to EPS optics.
Key entities
- companyMeta Platforms
Reported Q2 revenue and adjusted EPS, plus full-year capex guidance; shares down ~9.4% pre-market.
