Company News: Alphabet (GOOG) quarterly results beat analysts’ estimates

Market news

24 July 2018

Company News: Alphabet (GOOG) quarterly results beat analysts’ estimates

Alphabet (GOOG) reported Q2 FY 2018 earnings of $11.75 per share (versus $5.01 in Q2 FY 2017), beating analysts' consensus estimate of $9.70.

The company's quarterly revenues amounted to $32.657 bln (+25.6% y/y), beating analysts' consensus estimate of $32.127 bln.

GOOG rose to $1,253.11 (+3.95 %) in pre-market trading.

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Ratings firm Icra says India's central bank is expected to raise rates further next week

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