Earnings Preview for Alphabet

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Alphabet GOOGL releases its next round of earnings this Thursday, July 30. Here's Benzinga's essential guide to Alphabet's Q2 earnings report.

Earnings and Revenue

Alphabet earnings will be near $8.1 per share on sales of $37.32 billion, according to analysts. In the same quarter last year, Alphabet reported EPS of $14.210 on revenue of $38.94 billion. If the company were to post earnings in-line with the consensus estimate when it reports Thursday, EPS would be down 43.0%. Revenue would have fallen 7.58% from the same quarter last year. Alphabet's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 10.33 12.53 12.38 11.30
EPS Actual 9.87 15.35 10.12 14.21
Revenue Estimate 40.38 B 46.94 B 40.32 B 38.17 B
Revenue Actual 41.16 B 46.08 B 40.50 B 38.94 B

Stock Performance

Over the last 52-week period, shares of Alphabet are up 24.66%.

Don't be surprised to see the stock move on comments made during its conference call. Alphabet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://www.youtube.com/watch?v=I3PA0MkYpwg&feature=emb_err_woyt

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Posted In: EarningsTech
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