Earnings

Alphabet (GOOGL) earnings Q1 2021

0


Alphabet reported huge beats on its top and bottom lines for its first quarter of 2021, as well as a new $50 billion stock buyback, which boosted the shares more than 4% in after-hours trading.

Here’s how Google’s parent company fared in the quarter relative to what Wall Street analysts polled by Refinitiv expected:

  • Earnings: $26.29 per share vs. $15.82 per share expected
  • Revenue: $55.31 billion vs. $51.70 billion expected
  • Google Cloud revenue: $4.05 billion vs. $4.07 billion, according to FactSet estimates.
  • YouTube ads: $6.01 billion vs. $5.70 billion, according to StreetAccount.
  • Traffic Acquisition Costs (TAC): $9.71 billion  vs. $9.25 billion, according to FactSet estimates.

Google’s…



Source cnbc.com

Lobbyists urge updates to federal car safety rules after Tesla crashes

Previous article

Lee family to pay over $10 billion inheritance tax

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Earnings