The parent company of online search giant Google, Alphabet Inc (NASDAQ:GOOGL), is scheduled to report its third quarter earnings results on Thursday, 26th October. Alphabet stock has remained under pressure since the last quarter earnings only to make a slight recovery recently. The company had delivered a beat on both the top and bottom line in Q2, yet the Mountainview, California-based company shares tanked after the earnings. The tech behemoth had reported $ 5.01 per share in EPS against analysts expectation of an EPS of $ 4.49. Alphabet revenues were also above estimates by a big margin of $ 410 million at $ 26.01 billion, translating into yet another quarter of double-digit revenue growth. Google stock has still not made a complete recovery. GOOGL stock is almost flat since the last quarter earnings. http://ift.tt/2xl5s6a
Submitted October 24, 2017 at 03:56PM by KADUCEJ http://ift.tt/2zNIVjR
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