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Meta Platforms, Inc. (NASDAQ: META) released its third-quarter earnings report after Wednesday's closing bell. Here's what to know: The Details: Meta reported diluted earnings per share of $1.05, which includes a one-time, non-cash income tax charge of $15.93 billion and may not compare to estimates of $6.68.

Meta Platforms, Inc. is upgraded to Buy after Q3, despite initial market overreaction to a non-recurring tax charge. Learn more about META stock here.

The losses were less than in Q2 2025, but still greater year-over-year compared to Q3 2024.

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Analysts expect the Menlo Park, California-based company to report quarterly earnings at $6.68 per share, up from $6.03 per share in the year-ago period. The consensus estimate for Meta's quarterly revenue is $49.37 billion, compared to $40.59 billion a year earlier, according to data from Benzinga Pro.