Alphabet to report earnings Wednesday with revenue expected to grow 21.5%

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Alphabet will report earnings Wednesday after market hours. Analysts expect revenue to grow 21.5% year on year, an acceleration from the 13.8% increase in the same quarter last year. Last quarter, Alphabet beat revenue expectations with $109.9 billion, up 21.8% year on year, and delivered an impressive beat on EPS estimates. Analysts have generally reconfirmed their estimates over the last 30 days, and Alphabet rarely misses Wall Street's revenue expectations.

Impact on stocks 1

Artificial Intelligence▲ · 1 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Alphabet is expected to report strong revenue growth and likely beat estimates, which is positive for the stock.

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