Company News: Alphabet (GOOG) quarterly revenues miss analysts’ forecast

Market news

30 April 2019

Company News: Alphabet (GOOG) quarterly revenues miss analysts’ forecast

Alphabet (GOOG) reported Q1 FY 2019 earnings of $9.50 per share, including $1.7 bln fine from the EU (EPS $11.90 ex-fine), which may not be comparable to analysts’ consensus of $10.44.

The company’s quarterly revenues amounted to $36.339 bln (+16.7% y/y), missing analysts’ consensus estimate of $37.359 bln.

GOOG fell to $1,190.00 (-7.58%) in pre-market trading.

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