Facebook (FB) - Get Reportcrushed earnings estimates for the first quarter, sending its stock price rocketing, and many analysts are expecting more of the same for the second quarter. Wall Street expects the company to generate earnings of 81 cents per share from just more than $6 billion in sales, according to FactSet.

Will Facebook's mobile advertising continue its rapid growth, and will online video, Messenger, WhatsApp and Oculus start to generate meaningful revenue? What about the impact of Snapchat's rising popularity?

Join us as we break down the social networking giant's second quarter results when they're first released shortly after the market closes on Wednesday, and then continuing on through the earnings call at 5 p.m. ET.

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