The expectations ahead of Facebook‘s (NASDAQ: FB) second-quarter report on Wednesday are undoubtedly high. Analysts expect the company to report a whopping 48.8% and 62% year-over-year increase in revenue and non-GAAP EPS, respectively. Investors following the company closely probably aren’t surprised by the rosy expectations. Not only has Facebook’s revenue increased 46% for the entire trailing-12-month period leading up to this quarter, but the company has also made a habit of crushing analyst expectations.