The company's adjusted earnings per share came in at $1.89, slightly higher than the consensus estimate of $1.83. Revenue for the quarter was $84.74 billion, also above the average analyst projection of $84.16 billion.
"Q2 results were not as convincing as in Q1, when beat was broader," Jefferies analysts said in a note. Ruth Porat, President and CFO, highlighted the importance of investment in high-growth opportunities and the company's commitment to re-engineering its cost base.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »