During Q3 2023, the company reported earnings growth of 11% to $6,493,000,000. Analysts had projected earnings per share of $1.46 on revenue of $76 billion yet it returned $1.55 per share. It’s cloud-computing revenue jumped 22% to $8.41 billion, just lower than analysts estimates of...
Industry analysts forecast that Google's annual advertising revenues will continue to rise, at least until 2027. In 2024, it is anticipated to reach $273.37 billion, representing a 14.9% annual growth. As it stands, according to parent company Alphabet’s latest financial report, in Q2 2024, ...
Key stat:Since Q3 2023, Google has seen double-digit worldwide digital ad revenues growth—more than doubling that of Microsoft’s, according to the companies’ earnings. Beyond the chart: Google’s US ad revenues will reach $77.49 billion this year, accounting for 25.6% of total digital...
Analysts say that unless Google tops the consensus forecast of $3.75 -a-share earnings growth, the stock may decline. However, it is expected that its shares are unlikely to stay down too long.HolahanCatherineBusinessWeek Online
Google parent Alphabet Inc. said its revenue for the quarter ended September 30 gained 15.% year-over-over (YoY) to $88.3 billion, beating the Wall Street projection of $86.54 billion. Diluted earnings per share (EPS) surged 36.8% YoY to $2.12, compared with analysts’ estimates of $1.84...
On average, analysts surveyed by Thomson Reuters had expected revenue excluding commissions of $4.085 billion, a bit more than what Google reported. However, the company cleared the earnings forecast as it didin the fourth quarterwith earnings per share of $5.16 compared to the $4.93 expected on...
Google parent Alphabet Inc. said its revenue for the quarter ended September 30 gained 15.% year-over-over (YoY) to $88.3 billion, beating the Wall Street projection of $86.54 billion. Diluted earnings per share (EPS) surged 36.8% YoY to $2.12, compared with analysts’ estimates of $1.84...
Google parent Alphabet Inc. said its revenue for the quarter ended September 30 gained 15.% year-over-over (YoY) to $88.3 billion, beating the Wall Street projection of $86.54 billion. Diluted earnings per share (EPS) surged 36.8% YoY to $2.12, compared with analysts’ estimates of $1.84...
Google parent Alphabet Inc. said its revenue for the quarter ended September 30 gained 15.% year-over-over ( YoY ) to $88.3 billion, beating the Wall Street projection of $86.54 billion. Diluted earnings per share ( EPS ) surged 36.8% YoY to $2.12, compared with analysts ’ estimates of...
based on this year's earnings forecast, and 1.0 based on next year's. Generally, a PEG ratio close to one is considered cheap.Goldman Sachsanalyst Anthony Noto says a leading growth company like Google should trade at a PEG of 1.5 to 2. By contrast, Yahoo's PEG is 2.4 on '06 profit...