LIVE: Facebook earnings
Here's what analysts are expecting, via Yahoo Finance:
Q2 earnings per share (adjusted): $0.82
Q2 revenue: $6.02 billion, up 49% year-over-year
Wall Street also expects to see a continued increase in both daily and monthly active users.
We're expecting to hear more about monetization for Facebook's chat app, Messenger, which just hit 1 billion users, and the growth of its Audience Network, which started tracking (and letting brands advertise to) people without Facebook accounts in May.
Facebook's push into Live video will probably also come up on the earnings call - the company has divvied out more than $50 million to publications like Buzzfeed and Business Insider to experiment with the platform.
Business Insider will be covering Facebook's results as they come out, so hit refresh or click here for the latest updates.