Meta Earnings Update: Revenue Beat, Capex Guidance, and Stock Dividend Plan

Meta's earnings update covers reported revenue, forward guidance, capital expenditure plans, earnings per share, and a proposed new class of non-voting shares. It also includes management commentary on the 2027 revenue outlook.

■ Financial results
- Reported revenue of $64.6B versus $63.4B expected, with 26% growth
- Q4 revenue guidance of $73B–$76B
- GAAP EPS of $3.83 and adjusted EPS of $7.40 excluding a roughly $10B settlement

■ Capital and shareholder updates
- Capex range raised to $135B–$145B for the year
- Plan for a new class of non-voting capital stock distributed as a stock dividend, equivalent to a 2-for-1 split, expected to trade in late January
- Commentary on maintaining strong total revenue growth through 2027

For viewers tracking Meta's financial performance, guidance, and shareholder structure, this provides a concise overview of the key figures and announcements. It is suited to those seeking a factual summary rather than a detailed earnings-call analysis.