Facebook Third-Quarter Earnings: What To Watch

Wall Street is expecting another strong quarter for Facebook, as the social network continues to grow its massive mobile advertising business and add new users.

Analysts, according to FactSet, expect earnings for the third quarter, ending Sept. 30, of $2.73 billion. Analysts expect profit for the third quarter, excluding certain expenses, of 52 cents per share, up from a profit of 43 cents in the same period last year, and revenue of $4.37 billion, up 36% from the same period a year earlier. For the full year, analysts expect revenue of $17.19 billion, earnings of $10.83 billion and earnings, excluding some items, of $2.07 per share.

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