Facebook (NASDAQ:FB) reported quarterly earnings of $3.22 per share which beat the analyst consensus estimate of $3.19 by 0.94 percent. This is a 34.17 percent increase over earnings of $2.40 per share from the same period last year. The company reported quarterly sales of $29.01 billion which missed the analyst consensus estimate of $29.58 billion by 1.93 percent. This is a 35.12 percent increase over sales of $21.47 billion the same period last year.