Alphabet to report third-quarter earnings after the bell

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Analysts expected Alphabet to gain on another strong quarter of sales.

Earnings per share:$40.32 billion expected, per Refinitiv consensus estimates.Alphabet's last quarter looked great and analysts are expecting more of the same. In Q2, the company beat expectations, earning $14.21 per share on $38.94 billion. It also announced a repurchase of up to an additional $25 billion of its Class C stock.

Investors are looking for Alphabet's traffic acquisition costs to near $7.5 billion. The metric represents the payments Google makes to companies likefor its search engine to be the default browser on their devices. It's a key figure that analysts and investors look at to assess the health of Google's business.

Google's "other revenue," which includes hardware like its Pixel phones and cloud products, is expected to reach $6.32 billion, according to Factset. The company earned $6.18 billion last quarter and $4.64 billion in last year's Q3.

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