Alphabet, (GOOG/GOOGL) will report fourth quarter results this afternoon. Management will host a call at 16:30.
S&P Capital IQ Consensus call for EPS up 12% to $10.91 with revenue up 20% to $38.9 billion.
GOOGL has exceeded earnings estimates three quarters in a row. They missed on the top-line last quarter after beating on the top-line nine quarters in a row.
Alphabet does not give financial guidance. Analysts expect FY19 EPS EPS up 13% with revenue up 16%.
TECHS:
Alphabet has a $787 billion market cap and trades at ~24x FY19 EPS estimates or 11x EV/EBITDA.
RESULTS:
Alphabet reports Q4 results, beats on rev
Reports Q4 (Dec) earnings of ~$10.95/share, excluding a $1.3 bln unrealized gain recognized in OI&E related to a non-marketable debt security, may not be comparable to the S&P Capital IQ Consensus of $10.91; revenues rose 21.5% year/year to $39.28 bln vs the $38.91 bln S&P Capital IQ Consensus. TAC mix 23% from 24% last year. Results for the quarter were affected by a $1.3 billion unrealized gain recognized in OI&E related to a non-marketable debt security.
Paid clicks +22% Q/Q, CPC -9% Q/Q
FREE STUFF:
I have a packet on my site that shows you how I traded $600 into $100K. I am happy to share this. If you buy the pack showing you how I turned $600 into $100K and use the code KPAKFRAUD you will get it for free. You pay absolutely nothing.
SHAMLESS PLUG AND POD
If you have any ideas for topics or names please message me using the contact page on my site.
If you'd like to follow my trades in real time click the "Join Now" button at the bottom of the page. For those that will and have asked, use the code 1ST on checkout for a discount with no commitment beyond one month.