Alphabet to report third-quarter earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

Burger King's parent company reports earnings in line with expectationsRestaurant Brands International reported earnings before the bell Monday.
Source: CNBC - 🏆 12. / 72 Read more »

What to watch today: Dow to rise, Alphabet to report earnings, and Brexit extension approvedU.S. stock futures point to a higher Wall Street open, giving the S&P 500 another chance to break its July record highs. None of the above. I’m going to watch trump get booed alllll day!!! Just keep printing baby
Source: CNBC - 🏆 12. / 72 Read more »

Alphabet could take out its all-time highs after earnings, says top technical analystThe tech sector has nearly doubled the markets gains this year, and those wins may get even bigger after Alphabet reports earnings Monday afternoon. why after earnings? is that part of technical analysis?
Source: CNBC - 🏆 12. / 72 Read more »

Here's why traders are betting on Alphabet into earningsAlphabet is gearing up to report earnings, and Todd Gordon of TradingAnalysis.com and Mark Tepper of Strategic Wealth Partners both see the stock as a buy. TradingNation Hep dinleme bunlar bzzzzz〰️bağ 👆he he kapı aq TradingNation I want to see revenue from foreign-government-owned entities called out separately.
Source: CNBC - 🏆 12. / 72 Read more »