However, investors will have to wait and see the extent to which the company will outperform the expectations of the market. Until that changes, I expect continued solid results this quarter.Īlphabet is expected to post $25.60 in earnings per share (EPS) for this past quarter, up 15% year-over-year. Alphabet’s core search business is really the crown jewel in the global digital advertising market. Less sensitivity to macroeconomic factors, with most of the company’s revenue generated in Western nations, is also seen as a strength.
Others suggest that Alphabet will likely perform well during this earnings call due to less susceptibility to Apple’s (NASDAQ: AAPL) privacy changes than peers. Accordingly, for those banking on the future of the economy, there’s a lot to like about how Alphabet is positioned right now. Many analysts and market pundits appear to agree that this business is relatively economically insensitive. Google’s cloud segment is still the growth engine that drove this stock forward in recent quarters. The upcoming earnings date is derived from an algorithm based on a company's. Much of this strong sentiment appears to be tied to what’s expected to be strength in the company’s cloud segment. Earnings announcement for BEAM: Aug 09, 2022. News, Analyst Data, Analyst Opinions, Insider Activity, Dividend Calendar. However, it appears the outlook for Alphabet ahead of its earnings is positive. BEEM: Get the latest Beam Global Registered Shs stock price and detailed. From inflation to higher interest rates and continued Covid-19 concerns, there’s a lot to unpack in this market. A range of macro headwinds are raging right now. As many in the market are well aware, it’s a tough time to be an investor right now.
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