News Formal

Alphabet Stock Surges 10% on Back of Blowout Earnings

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The strong report led at least nine Wall Street firms to raise their price target on the stock.

Alphabet reported earnings per share of $30.69, compared to the $27.34 expected, according to Refinitiv. It also posted a large revenue beat, coming in at $75.33 billion compared to the $72.17 billion estimated.

The company relies heavily on Google's advertising revenue, which jumped in the quarter. Revenue for the segment came in at $61.24 billion for the quarter, up 33% from $46.2 billion in the same period a year earlier. "Very robust advertising revenue growth implies the overall demand environment has stayed healthy amidst volatile supply chain and macro uncertainties," MKM Managing Director Rohit Kulkarni said in a note to investors.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 545. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Alphabet, AT&T, Tesla, Moderna: What to Watch When the Stock Market Opens TodaySony’s U.S.-listed shares rose premarket after the company’s videogame unit said it was buying Bungie; Cabot rose after lifting guidance.
ソース: WSJ - 🏆 98. / 63 続きを読む »

5 Things to Know Before the Stock Market Opens TuesdayU.S. stock futures pointed to a relatively flat open for the first trading day of February.
ソース: nbcchicago - 🏆 545. / 51 続きを読む »