Meta reported its second quarter results after the bell on Wednesday, missing on earnings per share, but beating on revenue. The company also narrowed its planned capital expenditures range for 2026.
Meta stock fell nearly 6%
For the quarter, Meta saw earnings per share (EPS) of $6.18 on revenue of $60.8 billion. Analysts were anticipating EPS of $7.14 and revenue of $60.24 billion, based on Bloomberg consensus estimates.