Mark Zuckerberg speaks on stage against a blue background.
Mark Zuckerberg covered his daughters' faces in a recent Instagram post.
  • Meta is scheduled to report third-quarter earnings on Wednesday after the market close.
  • Investors are trying to gauge the current health of the digital advertising market via Meta's results.
  • Here's what Wall Street expects from the social media giant's upcoming earnings report.

All eyes are on Meta Platforms as it is scheduled to report its third-quarter earnings on Wednesday after the market close.

Analysts are focused on the company's success in battling rival TikTok via its short-form video product Reels, as well as the current state of the digital advertising market after its weak showing in 2022.