Meta Q4 Earnings Beat Expectations, But Revenue Growth Slows
In its Q4 report, Meta Platforms (META) surpassed analyst estimates, posting EPS of $8.02 and revenue of $48.4 billion. However, the company anticipates a slowdown in revenue growth in Q1, projecting a range of $39.5 billion-$41.8 billion.
Despite initially dipping 4%, Meta's stock recovered slightly, closing approximately 1% higher. This positive performance follows impressive financial results in 2024, with annual revenue reaching $164.5 billion.
Meta CEO Mark Zuckerberg highlighted the company's ongoing investments in AI infrastructure, estimating $60-$65 billion in spending this year. Additionally, Meta forecasts a 2025 expense range of $114-$119 billion, driven by infrastructure costs and employee compensation.
The company expressed optimism for its future, noting progress in AI, augmented reality, and social media innovation. Zuckerberg also mentioned a $25 million settlement with former President Trump over a suspension lawsuit.