Meta Earnings Tonight: What to Watch and Where to Find It (Oct 21)

Meta reports after the close today, and most previews ask one question: how much more will it spend on AI? The Earnings tab shows where to look. Tonight's list is on the left. Meta is marked Post, which means after the close.

Tesla and IBM report after the close as well. Type a ticker and the terminal pulls up its latest earnings call summary. For Meta, the most recent call on file is from April twenty-ninth. The summary opens on results and metrics: revenue, operating income, spending and free cash flow for that quarter.

Guidance matters most tonight. In April, Meta guided second quarter revenue to between fifty-eight and sixty-one billion dollars, and put this year's capital spending between one hundred twenty-five and one hundred forty-five billion. Then came July. Second quarter revenue was sixty point eight billion dollars, near the top of that range, and the spending range narrowed to between one hundred thirty and one hundred forty-five billion.

Tonight there are three things to check. Third quarter revenue against Meta's own guide of sixty-one to sixty-four billion dollars. The spending range for this year. And whether Meta says anything about spending next year.

Options are pricing a move too. On the Screeners tab, Earnings Plays shows an implied move for Meta of about seven percent either way. The gauge at the top says moves have run cooler than priced in across the season so far. Risks and concerns and the Q&A sit in the same view.

The quarter tabs let you flip back through earlier calls to see what management keeps returning to. On the right, the earnings news feed tags each headline with a sentiment label, so tonight's reports are quick to scan. None of this predicts how the stock will react. It is context for the print.

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