Alphabet set to report earnings after the bell

The company is expected to take a hit to advertising as travel companies pull their traditionally big spending.is set to report earnings for the first quarter of fiscal 2020 after the bell on Tuesday, making it the first of the five big tech giants to report earnings since the coronavirus pandemic struck.

Wall Street is anticipating earnings per share of $10.33 on revenue of $40.29 billion, based on Refinitiv consensus estimates from analysts. Traffic acquisition costs are expected to come in at $7.51 billion, according to analysts polled by FactSet. However, it's difficult to compare reported earnings to analyst estimates for Alphabet's first quarter, as the impact of the coronavirus pandemic on earnings is complicated to assess.

Google, which is highly reliant on small advertisers, faces its biggest test since the financial crisis over a decade ago—and all under a CEO who's been in the role for less than six months but has already begunWhile advertising has consistently grown, the rate at which it's grown hasover the last year — even before the pandemic. Advertising still makes up the vast majority of Alphabet's revenues -- 84% last year.

Certain segments particularly hard hit by the pandemic are expected to draw back on Google ads. For instance, travel companies like

Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade Tara Reade MeTo

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Alphabet set to report earnings after the bell — here's what two traders are watchingAs Google parent Alphabet gears up to report earnings in a troubled tape, two traders predict what could be ahead for the technology giant. TradingNation
Source: CNBC - 🏆 12. / 72 Read more »

3M set to report earnings before the bell amid spike in N95 mask demandWall Street is eager to pore over 3M's first-quarter earnings amid the Covid-19 outbreak and historic demand for N95 masks. only the super rich suits matter they have deep pockets fuck the lower classes they can die because they dont have deep pockets
Source: CNBC - 🏆 12. / 72 Read more »

Live: Here come Google and Alphabet's Q1 earnings - Business InsiderAlphabet is set to announce its Q1 2020 earnings, and all eyes are on how much damage the pandemic is doing to its ad business.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Caterpillar is about to report earnings, and Oppenheimer sees stock stabilizingCaterpillar is set to report earnings, one of the largest industrials stocks to give insight into how the coronavirus pandemic has hit the sector. TradingNation TradingNation Upside? For Cat? In 2020? Yeah right.
Source: CNBC - 🏆 12. / 72 Read more »

Investors have $5.1 trillion hiding out in the shares of five companies, which will be tested this week'Investors need to dig below the surface of the stock market,' TheAroraReport writes. 'When they do so, they will find that the big money is in the $5.1 trillion hideout of large-cap tech stocks, which will be tested this week.' TheAroraReport Most of them in CDO style mutual funds and ETFs :/
Source: MarketWatch - 🏆 3. / 97 Read more »

Ford reports earnings after the bell. Here's what to expectWall Street is watching to see how much cash Ford burned in the quarter as well as any guidance for the second-quarter and beyond. Ford CEO will be replaced today announced on the call I expect terrible earnings and futures to rise. Because the earnings are terrible. Makes sense...🤔🙄 Expect nothing and you will not be disappointed!
Source: CNBC - 🏆 12. / 72 Read more »