- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
S&P 500 (NYSE:SPY) component Google (NASDAQ:GOOG) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. Google provides search and advertising services and makes this information freely available to anyone with an Internet connection.
Google Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of $8.63 per share, a rise of 5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $10.08. Between one and three months ago, the average estimate moved down. It has risen from $8.62 during the last month. Analysts are projecting profit to rise by 11.6% versus last year to $33.21.
Past Earnings Performance: Last quarter, the company missed estimates by $1.53, coming in at profit of $7.35 per share versus a mean estimate of net income of $8.88 per share. In the second quarter, the company beat estimates by 6 cents.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
Wall St. Revenue Expectations: Analysts are projecting a rise of 52.4% in revenue from the year-earlier quarter to $12.39 billion.
A Look Back: In the third quarter, profit fell 20.3% to $2.18 billion ($6.53 a share) from $2.73 billion ($8.33 a share) the year earlier, missing analyst expectations. Revenue rose 45.1% to $14.1 billion from $9.72 billion.
Here’s how Google traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.