In today's edition of MarketFoolery, host Chris Hill and analysts Joe Magyer and Tony Arsta dissect Facebook's quarter. The guys tune in on the company's surprisingly strong showing in mobile, which sent shares higher and forced some naysayers to revisit their thesis.

However, Tony thinks many analysts have been too quick to claim success. In typical short-term fashion, he says, they seem to have celebrated a bit prematurely here. He argues that despite a relatively good quarter, Facebook still has a lot left to prove.

Chris Hill and Tony Arsta have no positions in the stocks mentioned above. Joe Magyer owns shares of Google. The Motley Fool owns shares of Facebook and Google and has options on Facebook. Motley Fool newsletter services recommend Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.