Meta Platforms is scheduled to report its third-quarter 2026 results on October 21, 2026, after the market closes. Analysts expect revenue of approximately $63.3 billion to $63.4 billion, representing year-over-year growth of roughly 23% to 24%, but net income declining to about $15.44 billion. Capital expenditure is projected at $41 billion to $42 billion, more than double the figure from a year earlier, while a potential $10 billion legal charge related to youth social media settlements could weigh heavily on the results. For full-year 2026, spending is estimated at $130 billion to $145 billion, with further increases possible in 2027 if the Muse assistant continues to gain traction. Launched in early September 2026, Muse recorded 10 million downloads within 40 days, but Meta has underperformed the S&P 500 year-to-date amid concerns about AI costs and the time needed to monetize its investments.
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