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Meta Reports Q1 Revenue and EPS Above Estimates, Guides Q2 Revenue to $58 Billion-$61 Billion

The company posted first-quarter revenue of $56.31 billion and earnings per share of $10.44, both ahead of expectations, while its second-quarter revenue outlook brackets the consensus estimate.

Fact Check
All three specific claims are confirmed by multiple independent, authoritative financial news sources. CNBC, Yahoo Finance, Seeking Alpha, and Quartz all report Q1 revenue of exactly $56.31 billion, beating estimates of approximately $55.45-$55.55 billion. EPS of $10.44 is confirmed across all sources as a beat versus analyst estimates. The Q2 revenue guidance of $58 billion to $61 billion is confirmed by Seeking Alpha, Yahoo Finance, and the X post from Yahoo Finance, with the consensus estimate sitting near $59.56 billion, placing it squarely within the guided range. There are no conflicting data points across any source.
Summary

Meta reported first-quarter revenue of $56.31 billion, exceeding the $55.5 billion expected, and earnings per share of $10.44, above the $8.15 consensus estimate. The company also issued second-quarter revenue guidance of $58 billion to $61 billion, compared with expectations of $59.56 billion. The results indicate stronger-than-expected operating performance in the reported quarter, while the Q2 outlook suggests management sees revenue staying near or above market forecasts.

Terms & Concepts
  • EPS (earnings per share): A profitability metric showing how much net income a company generates for each outstanding share.
  • Revenue guidance: Management’s forecast for future sales, used by investors to compare company expectations with market estimates.