Alphabet Q2 EPS $1.44 Beats $1.34 Estimate, Sales $74.60B Beat $72.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alphabet (NASDAQ:GOOGL) reported Q2 earnings of $1.44 per share, beating the analyst consensus estimate of $1.20 by 20%. This is a 19.01% increase from the same period last year. The company also reported quarterly sales of $74.60 billion, beating the analyst consensus estimate of $65.42 billion by 14.03%. This is a 7.05% increase from the same period last year.
July 25, 2023 | 8:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alphabet's Q2 earnings and sales beat analyst estimates, showing a YoY increase of 19.01% and 7.05% respectively.
Alphabet's Q2 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100