Meta reports second-quarter results after the close

Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026. Nathan Howard | ReutersMeta is scheduled to report second-quarter results after the close of regular trading on Wednesday.Here's what Wall Street is expecting, according to estimates from analysts polled by LSEG:Earnings per share: $7.22 adjustedRevenue: $60.17 billionMeta is projected to show revenue growth of 26% from $47.52 billion in the same period a year ago, as the company's core advertising business continues to benefit from advancements in artificial intelligence.While Meta's digital ad business remains healthy, the company is trying to show that it can compete directly in the market for AI models and services, where OpenAI, Anthropic and Google have big leads. On the earnings call, investors will be listening closely to what Meta CEO Mark Zuckerberg has to say about the company's efforts to more directly monetize its various AI-related efforts. Earlier this month, Meta debuted the Muse Spark 1.1 model, which AI chief Alexandr Wang said represents the "strongest model for agentic and coding work y...