So is the very strong dollar, which is likely to take its toll on profitability. In the near term, Meta Platforms faces challenges in the form of monetizing the Metaverse trend it is building and building an advertising model that bypasses iOS (Apple) privacy blockers, which have effectively cooled appetite and revenue forecasts. Meanwhile, analysts have lowered expectations around Meta Platforms' results almost accepting the disappointment to come. Will Meta repeat the Netflix scenario and beat the lowered forecasts of a panicked Wall Street? Due to its recognition and broader advertiser base, the company may nevertheless "survive" the recession better than the aforementioned Snap. Analysts expect $30.7 billion in revenue and EPS of $2.61 on cost reductions to $87/92 billion versus earlier forecasts of $90/95 billion.