Meta : l'analyse économique

Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates. Meta s'impose comme l'un des sujets qui mobilisent l'attention en Brazil ce jeudi.

Les faits

• Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates.
• Meta said capex for the year will be between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion.
• Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth.
• However, Meta said capex for the year will be between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion.
• Diluted EPS would have been $3.13 lower without the tax benefit, Meta said.

L'essentiel

Dans le détail, Meta said capex for the year will be between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion.

Sur le fond, Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth.

Concrètement, However, Meta said capex for the year will be between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion.

Au-delà de ce constat, Diluted EPS would have been $3.13 lower without the tax benefit, Meta said.

Reste à préciser que Alphabet surged as much as 7% while Meta moved the same amount in the opposite direction.

Les chiffres

À noter par ailleurs : Earnings per share: $7.31 adjusted vs. $6.79 estimated.

Plus précisément, Revenue: $56.31 billion vs. $55.45 billion estimated.

Dans la foulée, Revenue climbed 33% from $42.3 billion a year earlier, marking the fastest quarter for growth since 2021.

À ce stade, Zuckerberg has spent the past three months continuing his company's deeper push into AI following a strategy shift and talent overhaul that he initiated in June with the $14.3 billion investment in Scale AI and the hiring of CEO Alexandr Wang.

Le contexte

Reste à préciser que Meta attributed its quarter-over-quarter drop in users in part to "internet disruptions in Iran.

À noter par ailleurs : the jump reflects Meta CEO Mark Zuckerberg's focus on artificial intelligence investments, which have yet to produce new revenue streams but have strengthened the company's core advertising business.

Plus précisément, Meta said the Iran war and "a restriction on access to WhatsApp in Russia" were to blame.

Dans la foulée, Meta and three other hyperscalers — Alphabet, Amazon and Microsoft — all reported results on Wednesday, updating investors for the first time since the U.S. began combat operations in Iran in late February.

À ce stade, this reflects our expectations for higher component pricing this year and, to a lesser extent, additional data center costs to support future year capacity," Meta said in an earnings announcement.

Recherches associées

Plusieurs requêtes connexes accompagnent ce sujet : WhatsApp, Facebook, Instagram : 20 millions de personnes ont quitté les applications Meta (mais n’avaient pas le choix) - Presse • Meta : Punie pour être retombée dans ses travers de • Wall Street: l'action Meta chute de 10% • Alphabet, Microsoft, Amazon et Meta enregistrent des profits record • Meta ne jure plus que par l’IA et licencie à tour de bras • Meta verse désormais un stablecoin à certains créateurs en Colombie et aux Philippines.

À retenir

• The jump reflects Meta CEO Mark Zuckerberg's focus on artificial intelligence investments, which have yet to produce new revenue streams but have strengthened the company's core advertising business.
• This reflects our expectations for higher component pricing this year and, to a lesser extent, additional data center costs to support future year capacity," Meta said in an earnings announcement.
• Meta's revenue forecast for the second quarter was roughly in line with expectations.
• Recherches qui explosent : WhatsApp, Facebook, Instagram : 20 millions de personnes ont quitté les applications Meta (mais n’avaient pas le choix) - Presse, Meta : Punie pour être retombée dans ses travers de, Wall Street: l'action Meta chute de 10%, Alphabet, Microsoft, Amazon et Meta enregistrent des profits record.