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

Market news

29 October 2019

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

Alphabet (GOOG) reported Q3 FY 2019 earnings of $10.12 per share (versus $13.06 in Q3 FY 2018), missing analysts’ consensus estimate of $12.71.

The company’s quarterly revenues amounted to $40.499 bln (+20.0% y/y), generally in line with analysts’ consensus estimate of $40.167 bln.

GOOG fell to $1,272.00 (-1.40%) in pre-market trading.

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