Here's what Wall Street analysts are saying about Alphabet's earnings report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

New for subscribers: Here's what Wall Street analysts are saying about Alphabet's earnings report Check out CNBCPro for a free trial.

, but Wall Street analysts were largely positive on the results, which beat expectations.

The company reported $38.3 billion in revenue for the quarter, the first quarterly decline in the company's history but still above an expected $37.4 billion, according to Refinitiv. Shares dropped more than 4% during Friday's session even after several top analysts raised their price targets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Comcast is set to report earnings before the bell — here's what Wall Street expectsThis is the first earnings report since Comcast's NBCUniversal has launched its new ad-supported streaming service, Peacock. Commiecast It's been doing the to and fro until last few months. Nice! Also nice is the squawk sandwich today: a little of Andrew, a little of Becky, mucho of Wilfred umm
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street Analysts Bullish on Victoria’s Secret Parent CompanyL Brands’ stock surged more than 35 percent after the retailer laid out plans to save the company roughly $400 million annually.
Source: wwd - 🏆 24. / 68 Read more »

Ford beats Wall Street earnings expectations after coronavirus shuttered factoriesFord CFO Tim Stone warned investors in April that the company expected to lose more than $5 billion, on an adjusted pretax basis, during the second quarter.
Source: CNBC - 🏆 12. / 72 Read more »