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

Market news

29 April 2020

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

Alphabet (GOOG) reported Q1 FY 2020 earnings of $9.87 per share (versus $9.50 per share in Q1 FY 2019), missing analysts' consensus estimate of $10.99 per share.

The company's quarterly revenues amounted to $41.159 bln (+13.3% y/y), beating analysts' consensus estimate of $40.291 bln.

GOOG rose to $1,332.09 (+7.98%) in pre-market trading.

USD/CNH could move below the 7.0650 level – UOB

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