Meta Platforms: Q3 Earnings Snapshot

MENLO PARK, Calif. (AP) — MENLO PARK, Calif. (AP) — Meta Platforms, Inc. (META) on Wednesday reported third-quarter earnings of $9.86 billion.

The Menlo Park, California-based company said it had profit of $3.83 per share. Earnings, adjusted for non-recurring costs, were $7.40 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $6.52 per share.

The social media company posted revenue of $64.6 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $63.41 billion.

For the current quarter ending in December, Meta Platforms said it expects revenue in the range of $73 billion to $76 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on META at https://www.zacks.com/ap/META