UPDATE: 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 $1.34 by 7.46%. 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 $72.82 billion by 2.45%. This is a 7.06% increase from the same period last year.
July 25, 2023 | 8:16 pm
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Alphabet's Q2 earnings and sales beat analyst estimates, showing a significant YoY increase. This could potentially lead to a positive market reaction.
Alphabet's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for investors. This could lead to increased demand for the stock, potentially driving the price up in the short term.
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