Alphabet reported earnings after the bell. Here are the results:
- Earnings per share (EPS): $24.62 per share, vs. $25.91 expected, according to Refinitiv
- Revenue: $68.01 billion, vs. $68.11 billion expected, according to Refinitiv
Wall Street is also watching other key numbers in the Alphabet report:
- YouTube advertising revenue: $7.51 billion expected, according to StreetAccount
- Google Cloud revenue: $5.76 billion expected, according to StreetAccount
- Traffic acquisition costs (TAC): $11.69 billion expected, according to StreetAccount
Also: Alphabet announces $70 billion buyback https://www.cnbc.com/2022/04/26/alphabet-announces-70-billion-buyback.html
Source : https://www.cnbc.com/2022/04/26/alphabet-to-report-q1-earnings-after-the-bell-tuesday.html
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