Post-earnings recap
Reported
Mon, Jul 23, 2018
Est. EPS
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Est. revenue
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Implied move
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EPS beat rate
100%
Alphabet's strong EPS performance indicates better-than-expected profitability, which likely contributed to the stock's 1.74% increase. The management's positive outlook on investments in AI and cloud services suggests potential for future growth. However, the lack of revenue data and guidance may leave some investors cautious.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $11.75 | N/A | +20.19% |
Management expressed confidence in the company's ongoing investments and their positive impact on future growth. They highlighted the strong performance of their advertising business.
We are pleased with our performance this quarter.
Our investments in AI and cloud services are starting to pay off.
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Est. EPS
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Est. Rev
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Impl. Move
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