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Daiwa Davidson calls Meta's revenue outlook 'barely passing'

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META Meta Platforms Inc
$587.54 -0.99%
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  1. 1Daiwa Davidson's Gil Luria rates Meta Platforms (META) Q2 results and Q3 revenue outlook as 'barely passing'
  2. 2Notes that Q3 revenue guidance of $61.0–64.0 billion falls short of the $63.2 billion market consensus, calling it disappointing
  3. 3Maintains a Buy rating on the strength of the 28% ad-business growth, while also flagging near-term upside potential from divestitures of excess data-center capacity

This 3-line summary is compiled from the report below.

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