Facebook Q2 EPS $3.61 Beats $3.02 Estimate, Sales $28.58B Beat $27.82B Estimate

Facebook (NASDAQ:FB) reported quarterly earnings of $3.61 per share which beat the analyst consensus estimate of $3.02 by 19.54 percent. This is a 100.56 percent increase over earnings of $1.80 per share from the same period last year. The company reported quarterly sales of $28.58 billion which beat the analyst consensus estimate of $27.82 billion by 2.73 percent. This is a 52.94 percent increase over sales of $18.69 billion the same period last year.