Meta Platforms (META) reported quarterly earnings of $7.31 per share on March 2026, exceeding the Zacks Consensus Estimate of $6.71 per share and up from $6.43 per share a year prior. The earnings surprise was +8.89%. The company generated revenues of $56.31 billion for the quarter, surpassing the consensus estimate by 1.47%, and increasing from year-ago revenues of $42.31 billion.
In the last four quarters, Meta has consistently exceeded both earnings and revenue estimates. Despite a 1.7% increase in shares since the start of the year, underperformance relative to the S&P 500’s 4.3% gain raises concerns about future performance. The current consensus EPS estimate for the upcoming quarter is $7.19 on projected revenues of $59.62 billion.
Meta’s standing within the Internet – Software industry is currently rated in the top 29% of over 250 Zacks industries, suggesting potential for performance improvement. Exodus Movement, Inc. (EXOD) is also expected to report its quarterly results, projecting a loss of $0.09 per share amidst a revenue decline of 30.4% year-over-year.
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