Alphabet set to report fourth-quarter results after the close – CNBC
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Sundar Pichai, chief executive officer of Alphabet Inc., speaks during the CEO Summit of the Americas hosted by the US Chamber of Commerce in Los Angeles, California, US, on Thursday, June 9, 2022.
Kyle Grillot | Bloomberg | Getty Images
Google parent Alphabet will report fourth-quarter earnings Thursday after the close of regular trading. Here’s what analysts are expecting:
- Earnings: $1.18 per share, according to Refinitiv estimates.
- Revenue: $76.53 billion, according to Refinitiv estimates.
- YouTube advertising revenue: $8.25 billion, according to StreetAccount estimates.
- Google Cloud revenue: $7.43 billion, according to StreetAccount estimates.
- Traffic acquisition costs (TAC): $13.32 billion, according to StreetAccount estimates.
Google’s core ad business is expected to report minimal expansion from a year earlier, and growth is likely to remain in the single digits until late 2023, based on analyst estimates.
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