Market Overview

Google Blows Away Estimates (GOOG)

Google (NASDAQ: GOOG) blew away estimates as it just reported an outstanding quarter, and shares are flying higher after the close of the bell.

Google reported earnings of $7.64 per share versus the expectations of Wall Street analysts of $6.69. Revenues beat handily, coming in more than $2 billion higher than what was expected from analysts. Revenues were $5.5 billion versus expectations of $5.25 billion.

Google is moving sharply higher in the after-hours market, gaining $37.77 or nearly 7% to $578.70.

Posted-In: Earnings News

 

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