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Will Facebook (FB) Stock Advance Following Tomorrow's Earnings Report?

NEW YORK (TheStreet) -- Facebook (FB - Get Report) is scheduled to release its financial results for the third quarter of 2015 after the market close on Wednesday.

The Menlo Park, CA-based social network company is expected to report a year-over-year increase in earnings and revenue.

Analysts are anticipating earnings of 52 cents per share on $4.37 billion for the latest quarter.

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Last year, Facebook posted earnings of 43 cents per share on revenue of $3.2 billion for the third quarter of 2014.

Advertising will be the deciding factor for Facebook's revenue as it drove total revenue growth in the second quarter of 2015.

Revenue from advertising increased 43% to $3.83 billion, accounting for 95% of total revenue for the quarter ended June 30.

Facebook stock is falling 0.47% to $102.82 in afternoon trading on Tuesday.

Separately, TheStreet Ratings team rates...