<http://schema.org/articleBody>
"Mark Zuckerberg has repeatedly stated that Facebook is now a \"mobile company,\" but investors will still be looking for proof that it is making progress on the mobile front when the company reports its second-quarter earnings Wednesday afternoon.\nThe consensus among Wall Street analysts is that mobile ads will account for 33% of Facebook's total revenue for the June quarter, up from 30% the previous quarter and 0% a little more than a year ago. \nSee also: How Facebook Has Changed Since Going Public 1 Year Ago\nOverall, analysts are looking for Facebook to report earnings per share of $0.14 on revenue of $1.62 billion for the quarter. By comparison, Facebook reported earnings of $0.12 per share on revenue of $1.18 billion in the same quarter a year ago. \n\nAs always, analysts and investors will be looking for any indications of the performance of Facebook's various paid products. Since going public a little more than a year ago, Facebook has introduced a range of potential revenue streams, including Gifts, retargeted ads and more. Rumors also allege that Facebook is preparing to launch video ads, which may come up as a question during the earnings call. \nFacebook missed earnings estimates in the March quarter, but beat on revenue with better-than-expected growth on mobile, helping to send the stock up initially. However, the stock later dropped below $25 a share and has hovered around that mark in recent weeks as investors appear to remain uncertain about Facebook's long-term potential for growth.\n\nFB data by YCharts\nImage: Spencer Platt/Getty"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2013/07/24/facebook-q2-earnings-preview/>