Alphabet (NASDAQ: GOOG) unveils its
next round of earnings this Thursday, Oct. 25. Get prepared with Benzinga's ultimate preview for Alphabet's Q3 earnings.
Earnings and Revenue
Based on Alphabet management projections, analysts predict EPS of $10.44 on revenue of $34.05 billion.
Alphabet reported a profit of $9.57 when it published results during the same quarter last year. Sales in that period totaled
$27.77 billion. Analysts estimate would represent a 9.09 percent decrease in the company's earnings. Sales would be up 22.61
percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter |
Q2 2018 |
Q1 2018 |
Q4 2017 |
Q3 2017 |
| EPS Estimate |
9.57 |
9.35 |
9.98 |
8.33 |
| EPS Actual |
11.75 |
9.93 |
9.7 |
9.57 |
Stock Performance
Over the last 52-week period, shares of Google are up 8.49 percent. Analysts have adjusted their estimates higher for EPS and
revenues over the past 90 days. The most common rating by analysts on Google stock is a Neutral. The strength of this rating has
maintained conviction over the past three months.
Conference Call
Alphabet's Q3 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://abc.xyz/investor/news/releases/2018/0912.html
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