Alphabet (GOOGL) reports earnings, stock drops on revenue miss(cnbc.com)
cnbc.com
Alphabet (GOOGL) reports earnings, stock drops on revenue miss
https://www.cnbc.com/2025/02/04/alphabet-q4-earnings-report-2024.html
4 comments
“Tanking” is a bit much.
It's down 7% in after-hours trading as I type this.
Yes, but it’s famously volatile day to day, to put it in perspective the current price is back to where it was 2 weeks ago.
Earnings release PDF: https://abc.xyz/assets/a3/91/6d1950c148fa84c7d699abe05284/20...
9% drop after hours on this news? Seems like an overreaction. But what do I know?
revenues didn't miss predictions, predictions missed revenues
10-Q: https://www.sec.gov/Archives/edgar/data/1652044/000165204424...
All the numbers look pretty good at first glance (revenues up 15% YoY from $70B to $81B, operating income up from $17B/25% margin to $25/32% margin), EPS up from $1.17 to $1.89), but obviously Wall Street expected even more so now the stock is tanking.