Finance
Alphabet Q2 2018 earnings: Google revenue, EPS, analysis
-
Google’s parent company, Alphabet, is due to report its
Q2 earnings after markets close on Monday. -
Investors are eager to see how Google weathered the
many challenges the company faced in the second quarter,
including being the subject of a major European antitrust
investigation that resulted in a $5 billion fine. -
Shares of Alphabet were up slightly ahead of
earnings.
Wall Street will hear from one of the technology sector’s
main financial bellwethers on Monday, when Google’s parent
company, Alphabet, is scheduled to post its second-quarter
earnings after markets close.
Excluding traffic acquisition costs (TAC) associated with
ad revenue, a poll of analysts showed that most are expecting
Google to report revenue of $25.6 billion, a 22% increase from
last year, according to
TheStreet.com
.
On a GAAP basis, analysts expect the company’s earnings per
share to come in at around $9.66.
Business Insider will be reporting on Alphabet’s earnings
as soon as the numbers cross, so make sure to refresh this page
or click here for the latest.
Get the latest Google stock price here.
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