Meta Platforms Second-Quarter Earnings Live Blog

A day after Alphabet  (GOOGL) – Get Alphabet Inc. Report and Microsoft  (MSFT) – Get Microsoft Corporation Report delivered better-than-feared numbers, investors are hoping Meta Platforms undefined does the same.

Among analysts polled by FactSet, the consensus is for the Facebook, Instagram and WhatsApp parent to report Q2 revenue of $28.91 billion (down 1% annually) and GAAP EPS of $2.54 (down 30%). If Meta’s revenue proves to be in-line with consensus or below, it would be down annually for the first time in Meta’s history as a publicly-traded company.