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Alphabet Q1 EPS $1.17, Sales $69.787B beats $68.904B estimate.

moomoo News ·  Apr 25, 2023 16:13  · Discovery

$Alphabet-A (GOOGL.US)$  Q1 EPS $1.17, Sales $69.787B beats $68.904B estimate.

Revenue was $69.8 billion, compared with $68 billion a year ago. Sales minus TAC was $58.1 billion, compared with $56 billion a year ago.

Analysts surveyed by FactSet had expected on average net earnings of $1.08 a share on revenue of $68.9 billion and ex-TAC revenue of $57.05 billion.

Shares of Alphabet have improved 18% so far this year, while the broader S&P 500 index  has increased 6%.

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