Meta Beats Q2 Earnings Estimates, Issues Strong Guidance, Shares Surge To New Highs

Meta reported second-quarter revenue of $47.52 billion and earnings of $7.14 per share, both surpassing analyst estimates, according to Benzinga. Total revenue rose 22% year-over-year, driven by a 6% increase in daily active users, an 11% rise in ad impressions, and a 9% gain in average ad prices. Mark Zuckerberg said Meta had a strong quarter and expressed excitement about developing personal superintelligence for global users. Meta expects third-quarter revenue to be in the range of $47.5 billion to $50.5 billion versus estimates of $45.87 billion, per Benzinga Pro. The company expects full-year 2025 expenses to be in the range of $114 billion to $118 billion.