Alphabet Q3 EPS $1.55, Sales $76.69B Beat $75.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alphabet (NASDAQ:GOOGL) reported Q3 earnings of $1.55 per share, beating the analyst consensus estimate of $1.45 by 6.9%. This is a 46.23% increase from the same period last year. The company also reported quarterly sales of $76.69 billion, beating the analyst consensus estimate of $75.94 billion by 0.99%. This is an 11% increase from the same period last year.
October 24, 2023 | 8:02 pm
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POSITIVE IMPACT
Alphabet's Q3 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock.
Alphabet's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100