{"id":85415,"date":"2023-07-27T02:00:54","date_gmt":"2023-07-27T06:00:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85415"},"modified":"2023-07-27T01:53:04","modified_gmt":"2023-07-27T05:53:04","slug":"meta-reports-better-than-expected-results-and-issues-optimistic-guidance-for-third-quarter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/meta-reports-better-than-expected-results-and-issues-optimistic-guidance-for-third-quarter.html","title":{"rendered":"Meta reports better-than-expected results and issues optimistic guidance for third quarter"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a> reported earnings and revenue for the second quarter that topped analysts\u2019 estimates and issued a better-than-expected forecast for the current period, reflecting a rebound in the digital advertising market. The stock rose about 7% in extended trading. <strong>Earnings:\u00a0<\/strong>$2.98 per share vs. $2.91 expected by Refinitiv. <strong>Revenue:<\/strong>\u00a0$32 billion vs. $31.12 billion expected by Refinitiv.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/26\/meta-to-report-second-quarter-earnings-after-the-bell.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Meta reported earnings and revenue for the second quarter that topped analysts\u2019 estimates and issued a better-than-expected forecast for the current period, reflecting a rebound in the digital advertising market. The stock rose about 7% in extended trading. Earnings:\u00a0$2.98 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85415","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85415"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85415\/revisions"}],"predecessor-version":[{"id":85416,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85415\/revisions\/85416"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}