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Facebook (FB) will report Q2 earnings after the market close Wednesday with growth that only looks soft compared to its own recent performance. Facebook is expected to report revenue of $2.8 billion, up 56% from the same quarter a year ago but slower than the 72% growth in Q1. The consensus estimate on earnings per share ex items, as polled by Thomson Reuters, is 32 cents, up 68%. The social media giant easily topped profit estimates when it Scalper1 News
Scalper1 News