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

Market news

30 October 2020

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

Alphabet (GOOG) reported Q3 FY 2020 earnings of $16.40 per share (versus $10.12 per share in Q3 FY 2019), beating analysts’ consensus estimate of $11.20 per share.

The company’s quarterly revenues amounted to $46.173 bln (+14.0% y/y), beating analysts’ consensus estimate of $42.837 bln.

GOOG rose to $1,665.00 (+6.24%) in pre-market trading.

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