Google parent company reports fourth-quarter results

  • Analysts expect a bountiful haul in advertising revenue for Alphabet Inc.
  • Earnings expected to be $1.59 per share, compared to $1.05 per share last year
  • Revenue expected to be $85.3 billion in total and $71.2 billion after removing traffic-acquisition costs
  • Alphabet’s stock has surged 57% in the last 12 months
  • 43 out of 59 analysts rate Alphabet’s stock as a buy

When Google parent Alphabet Inc. reports its fourth-quarter results, analysts and investors expect a bountiful haul in advertising revenue. Analysts predict earnings of $1.59 per share, compared to $1.05 per share last year. Revenue is expected to be $85.3 billion in total and $71.2 billion after removing traffic-acquisition costs. Alphabet’s stock has surged 57% in the last 12 months. Out of 59 analysts, 43 rate Alphabet’s stock as a buy.

Public Companies: Alphabet Inc. (GOOG), Meta Platforms Inc. (META)
Private Companies:
Key People: Brent Thill (Jefferies analyst), Ken Gawrelski (Wells Fargo analyst), Mark Mahaney (Evercore ISI analyst)

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Factuality Level: 7
Justification: The article provides information on analysts’ expectations for Alphabet’s fourth-quarter results, including earnings and revenue. It also includes quotes from analysts discussing Google’s dominance in search and potential challenges the company may face. The article does not contain any irrelevant or misleading information, but it lacks in-depth analysis and relies heavily on analyst opinions.

Noise Level: 3
Justification: The article provides a brief overview of what analysts expect from Alphabet’s fourth-quarter results. It includes some information on earnings, revenue, and stock movement. However, the article lacks depth and analysis, and it mainly consists of quotes from analysts without providing much context or additional insights. It also includes some irrelevant information about Meta Platforms Inc. and the NFL Sunday Ticket, which are not directly related to Alphabet’s earnings report. Overall, the article is quite short and lacks substantial content.

Financial Relevance: Yes
Financial Markets Impacted: Alphabet Inc.’s fourth-quarter results are expected to have a significant impact on advertising revenue.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article focuses on the financial performance of Alphabet Inc. and the expectations of analysts and investors. There is no mention of any extreme events or their impact.

Reported publicly: www.marketwatch.com