The company is likely to report a 21% jump in sales, according to the average forecast of analysts polled by Bloomberg. But it's also likely to see a slump in earnings-per-share.
The report comes as Google's parent company is trading near and all-time high. It will represent the first earnings update Alphabet's given sinceQ4 '19 revenue minus traffic acquisition costs : $38.39 billion. In the fourth quarter of 2018, Alphabet posted $31.84 billion in revenue on this basis.Q1 '20 revenue minus TAC :
$35.27 billion. In the same period a year ago, Alphabet posted $29.48 billion in sales on this basis.$12.31. Alphabet earned $9.50 a share in the first quarter last year, a period in which it recorded a $1.7 billion fine from the European Commission.listening closely for any details Alphabet officials offer about the company's fast-growing segments outside its core search businessIn late trading on Monday, Alphabet's stock was up $46.61 a share, or 3.3%, to $1,480.84.
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Fuente: Forbes - 🏆 394. / 53 Leer más »