Most Wall Street analysts are really positive ahead of Alphabet's earnings report after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 78 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Analysts have big expectations for Alphabet's earnings report on Monday after the bell.

rating given solid continued advertising growth for both search and YouTube, increasing Google Cloud traction, and an attractive valuation, " said Raymond James analyst Aaron Kessler.

The bullish commentary continued from analysts at Goldman Sachs. "Our advertiser checks point to continued strength in search, and especially strong growth in YouTube, with Merkle showing 99% yoy growth in YouTube spend in the first quarter," analyst Heather Bellini said in her earnings preview note.

Financials may be impacted by recent product innovations and could serve as a key driver of the stock according to Cowen analysts. "Shares would likely rise off the print with a small revenue beat and margin upside from faster traffic acquisition costs cost decelerate and potentially lower than expected R&D costs," they said.

The best may be yet to come, however, Barclays said. "The next few months should be a barrage of positive catalysts for Google, including its annual developer conference and marketing summit in mid May.""Our advertiser checks point to continued strength in search, and especially strong growth in YouTube, with Merkle showing 99% yoy growth in YouTube spend in 1Q.

rating given solid continued advertising growth for both Search and YouTube, increasing Google Cloud traction, and an attractive valuation. ""The next few months should be a barrage of positive catalysts for Google, including its annual developer conference and Marketing summit in mid May. As mentioned previously, 2019 is likely to shape up similar to 2015, whereby the company rationalized some of the excess spending in the prior year, margins flattened out a bit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Facebook shares surge as Wall Street analysts rave over earnings: 'What a start to 2019'Wall Street was enamored Thursday morning with Facebook's first-quarter earnings report, with a handful of brokerages lauding its results. the biden effect What a 🐊 of 💩! These numbers need to be audited. Not their books mind you—Wall Street’s digital infrastructure 💋💋 A mesmerizing tale
Source: CNBC - 🏆 12. / 72 Read more »

Caterpillar is set to report earnings before the bell — here's what the Street expectsCaterpillar is reporting first-quarter earnings before the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Exxon Mobil to report earnings before the bell — here's what the Street expectsAnalysts expect Exxon Mobil to report first-quarter earnings of 69 cents per share, down from a year ago.
Source: CNBC - 🏆 12. / 72 Read more »

Busy Week Of Data, Earnings Ahead For Wall Street After Record ClosesAfter record-setting closes last week, the market seems to be anticipating another busy week of earnings, a calendar full of economic reports and a rate decision from the Federal Reserve
Source: Forbes - 🏆 394. / 53 Read more »

Wall Street pauses ahead of big earnings waveU.S. stocks were little changed on Monday, as investors were cautious ahead of a... Thank you, Mr. President!
Source: Reuters - 🏆 2. / 97 Read more »

Microsoft becomes a $1 trillion company after reporting earnings that blew away Wall Street estimatesMicrosoft is within striking distance of a $1 trillion market cap, making its quarterly earnings more important than ever. Shit... is it now safe to pirate Windows Vista ? Uhh, forgot about the Dutch East India Company?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Investors brace for a roller-coaster week ahead with Fed decision and Apple, Alphabet earningsFed Chairman Jerome Powell is expected to emphasize that the Fed is patient and will hold interest rates steady. Relax, The Fed has been neutered. Roller coaster? Naw.....feds in a sleep no worries. rate increase PLEASE PLEASE PLEASE!
Source: CNBC - 🏆 12. / 72 Read more »

Intel set to report first-quarter earnings after the bellIntel is providing its first earnings report since announcing that it's exiting the 5G smartphone market.
Source: CNBC - 🏆 12. / 72 Read more »

Amazon to report first-quarter earnings after the bellThe quarterly numbers come at a time when Amazon is experiencing slowing revenue growth but fatter profit margins.
Source: CNBC - 🏆 12. / 72 Read more »

Facebook to report first-quarter earnings after the bellFacebook investors will be looking for signs it can shift its business to focus more on privacy while continuing to grow revenue and users. Ok
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft set to report third-quarter earnings after the bellMicrosoft is kicking off tech earnings season, with the mega-cap companies all slated to report in the next week. Macintosh is equally important for Organizers communicate since Google has spam of fake Gov. Web
Source: CNBC - 🏆 12. / 72 Read more »