Google Parent Alphabet’s Stock Falls Despite Better-Than-Expected Earnings

by

Updated 4 min ago

Google Parent Alphabet’s Stock Falls Despite Better-Than-Expected Earnings

By

David Marino-Nachison

and

Hannah Miao

Google parent Alphabet’s shares (GOOG, GOOGL) declined about 5% postmarket Tuesday after the tech giant released quarterly earnings results. Here’s the Journal’s full coverage of the results.

Here is what Alphabet reported, versus FactSet consensus estimates:

Revenue of $76.69 billion, versus $75.955 billion

Net income of $19.69 billion, versus $18.52 billion expected

Earnings of $1.55 per share, versus $1.45 per share expected

Leave a Comment