| META |
Report |
Revenue (Q2'26) |
BEAT |
pred ~$61.5B vs. cons $60.2B |
HIGH |
| META |
Report |
EPS (Q2'26) |
BEAT |
pred ~$7.75 vs. cons $7.20 |
MEDIUM |
| META |
Report |
Advertising revenue (Q2'26) |
BEAT |
pred ~$60.4B vs. cons $59.0B |
HIGH |
| META |
Guide |
FY26 capex guide |
LOWER |
guide ~$135-150B vs. cons $125-145B (FY2026) — a raise, bearish |
MEDIUM |
| META |
Guide |
Q3'26 revenue guide (midpoint) |
BETTER |
guide ~$63-66B vs. cons $63.5B (Q3 2026) |
MEDIUM |
| META |
Guide |
FY26 total expense guide |
UNCHANGED |
guide ~$162-169B vs. cons ~$166B (FY2026) |
MEDIUM |
| META |
Guide |
2027 capex framing / out-year signpost |
LOWER |
pred another step-up flagged ~$150B+ vs. cons no formal number ~$140B (FY2027) |
LOW |
| META |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.5% |
— |
LOW |
| META |
Return |
5-day cumulative residual |
+0.5% (FADE) |
Q2 revenue/EPS beat and a ~13% de-rate into the print (META $681→$593) set a low bar for a relief pop on day 1. But a memory-price-driven FY26 capex raise plus a soft 2027 framing forces out-period EPS estimates lower (higher depreciation, interest expense, financing dilution, RL losses), so the initial bounce fades as revisions reset the ROI/margin narrative against an Alphabet-capex-panned tape. |
LOW |