LoginMy Member Benefitsarchivesresearchyour teamabout usFAQLog out
×
Share
Access Your Profit Alerts

google earnings release

Article Index

Google (Nasdaq: GOOG) Earnings "All But Irrelevant" Despite Analyst Noise

By , Associate Editor, Money Morning • @TaraKateClarke -

EKSO stock

"Contrary to what the rest of the world believes, Google earnings are all but irrelevant except in the very short term."

Money Morning Chief Investment Strategist Keith Fitz-Gerald knows Google Inc. (Nasdaq: GOOG, GOOGL) well. He has followed the tech giant since its founding in 1998. Just last week, Fitz-Gerald notched a successful prediction he'd made years ago when the EU filed antitrust charges against Google on April 15.

Instead, he recommends investors take action with this Google stock play instead of tuning into the earnings noise...

GOOG Earnings for Q4 Among the Most Remarkable in Company History

By , Associate Editor, Money Morning • @TaraKateClarke -

GOOG earnings were released post-market today (Thursday)...

Google Inc. (Nasdaq: GOOG, GOOGL) reported fourth quarter earnings per share (EPS) of $6.88 - $0.20 under projections. Revenue came in at $14.5 billion (16.9% growth year over year), also under expectations by $110 million.

Our advice: ignore the bottom line miss. Ignore chatter about how Google's advertising has lost steam (the average price of Google's digital advertisements fell 3%).

This was one of the most remarkable Q4's in company history - and we'll show you why...

Today's Markets
DJIA 18.44 (0.06%) 29,316.08
NASDAQ 11.34 (0.12%) 9,368.47
S&P 7.75 (0.23%) 3,324.56