Meta Platforms (META) reports Q2 earnings after market close on July 29, and the data heading into this event paints a picture of a company caught between exceptional operational execution and intensifying investor anxiety over capital expenditure.
Consensus estimates call for earnings per share (EPS) of $7.18 on revenue of $60.22 billion, which would represent about a 27% year-over-year sales growth, a meaningful deceleration from the 33% surge delivered in Q1.