On Tuesday 29th October 2024, Alphabet (NASDAQ: GOOGL, GOOG) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
In accordance with the forecasts of financial specialists on Wall Street, the organization is primed to announce an anticipated $1.84 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $86.3 billion for this particular period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $347.21 billion. Moreover, they anticipate the company to disclose profit of $7.66 per share for the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.55. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $76.69 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.89 | +31.3% | 84.74 B | +13.6% |
| Q1 2024 | $1.89 | +61.5% | 80.54 B | +15.4% |
| Q4 2023 | $1.64 | +56.2% | 86.31 B | +13.5% |
| Q3 2023 | $1.55 | +46.2% | 76.69 B | +11.0% |
| Q2 2023 | $1.44 | +19.0% | 74.60 B | +7.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
Alphabet (GOOGL) experienced a trading range of $163.42 to $165.59, along with a total volume of 19.83 million shares during the day. The stock concluded Friday's regular trading session at $165.27, demonstrating an advance of 1.57 percent.
