Misses every single earnings estimate. Stock market says bravo and goes up 5%. Earnings per share (EPS): $1.21 vs $1.28 expected, according to Refinitiv Revenue: $69.69 billion vs $69.9 billion expected, according to Refinitiv YouTube advertising revenue: $7.34 billion vs. $7.52 billion expected, according to StreetAccount Google Cloud revenue: $6.28 billion vs. $6.41 billion expected, according to StreetAccount. Traffic acquisition costs (TAC): $12.21 billion vs $12.41 billion expected, according to StreetAccount
While Intel churns out oceans of cash. Stock market says meh.
Everyone expected them to miss. The fact they didn’t get bent over a barrel and rimmed with a cactus is why everyone’s reacting positively
GOOG will hit tomorrow or later this year. But you should seriously worry about FB — 10% layoffs going to happen (ex-Fb here btw).
B R A V GOOGLE
LC 2018. Check if Word Can Be Placed In Crossword Easy, next!
Stock market loves privacy invasion.
Good luck meatbros
We will go down even if we go up.
It’s because they didn’t miss targets by much. Your 69.69 vs 69.9 revenue numbers is a difference of 0.3%. Many people were expecting much worse
Hehe