Google beats third-quarter earnings expectations on AI momentum

Oct 29, 2024 · Google was expected to report revenues of $86.4 billion and EPS of $1.84 for the third quarter, according to analyst estimates compiled by FactSet (FDS+0.05%). The …

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Google Beats Third-quarter Earnings Expectations On AI Momentum

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Oct 29, 2024 · Google was expected to report revenues of $86.4 billion and EPS of $1.84 for the third quarter, according to analyst estimates compiled by FactSet (FDS+0.05%). The …

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Google Parent Alphabet Revenue Jumps 15% On AI Investments

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Oct 29, 2024 · Alphabet also beat profit expectations with earnings of $2.12 per share, compared with an average market estimate of $1.85, according to LSEG. 3 In the third quarter, …

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Google Parent Alphabet's Stock Pops As Cloud Revenue Soars On …

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Oct 29, 2024 · Alphabet’s third-quarter revenue climbed 15% year-over-year to $88.27 billion, above the analyst consensus from Visible Alpha. Net income came in at $26.3 billion or $2.12 …

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Google Stock Jumps 4% After AI Momentum Drives Earnings - Quartz

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Oct 30, 2024 · Google beats third-quarter earnings expectations on AI momentum. Google will keep cutting costs to invest in AI even as revenue is up. Alphabet’s shares were up 1.66% at …

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Google Beats Third-quarter Earnings Expectations On AI Momentum

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Oct 30, 2024 · Google parent Alphabet reported revenues of $88.3 billion for the third quarter. Google beats third-quarter earnings expectations on AI momentum. Published October 30, …

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Google Stock Jumps 4% After AI Momentum Drives Earnings - Yahoo

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Oct 30, 2024 · The company was expected to report revenues of $86.4 billion and EPS of $1.84 for the third quarter, according to analyst estimates compiled by FactSet (). “The momentum …

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Alphabet's AI Investments Boost Cloud Sales, Lifts Maturing Ad …

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Oct 29, 2024 · Google parent Alphabet said on Tuesday its AI investments were "paying off" as it reported a 35% surge in its cloud business and U.S. election-related spending lifted YouTube …

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Google: It Can’t Get Any Better Than This (NASDAQ:GOOG)

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Oct 30, 2024 · Google reported better than expected top and bottom line earnings in Q3’24: Google generated $2.12 per-share in adjusted profits in the third fiscal quarter on revenues of …

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Google Stock Rallies 6%—A 3-Month High—After ‘Impressive’ …

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Oct 29, 2024 · Topline. Google parent Alphabet stock climbed Wednesday to its highest level since late July after the company toppled Wall Street’s expectations in its third-quarter …

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Google Q3 Earnings: What Wall Street Analysts Expect - Quartz

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Oct 28, 2024 · Google (GOOGL-2.41%) parent Alphabet is set to report third-quarter earnings on Tuesday, after beating second-quarter earnings expectations on artificial intelligence …

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Google Parent Alphabet Beats Quarterly Revenue Estimates

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Oct 29, 2024 · Alphabet Inc. GOOGL-Q topped third-quarter revenue and earnings expectations on Tuesday, helped by an AI-driven 35% surge in its cloud business as well as a jump in its …

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Google’s Strong Earnings Boosted By Cloud Computing Gains

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Oct 30, 2024 · The standout unit was Google Cloud, where revenue increased 35 per cent to $11.4bn and operating profit increased sevenfold to $1.9bn from $266mn in the same period …

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Google Q3: Management Remains Composed Amid AI Engine Threat

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Nov 5, 2024 · Q3 Earnings Review. Firstly, the headline data is that Google beat the normalized EPS consensus estimate by $0.27, with a year-over-year growth of over 15%. It also beat the …

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Health Tech Q3 Earnings Recap—Hims & Hers, Doximity, Waystar

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2 days ago · The company's revenue jumped 77% in the third quarter to reach $401.6 million alongside a net income of $75.6 million. It now has 2 million subscribers on its platform, up …

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FAQs about Google beats third-quarter earnings expectations on AI momentum Coupon?

How did Google perform in Q3 2024?

Editor’s Note: Our Q3 results were led by great performance in Search, Cloud, and YouTube. On today’s 2024 Q3 earnings call Google and Alphabet CEO Sundar Pichai shared more about the company’s momentum and innovation, as well as our long-term focus and investment in AI. Below is our transcript of his remarks. Hello everyone. ...

Did Google's third-quarter results top analysts' estimates?

Google parent Alphabet (GOOGL) reported third-quarter results that topped analysts' estimates, sending shares higher after the bell Tuesday. Alphabet’s third-quarter revenue climbed 15% year-over-year to $88.27 billion, above the analyst consensus from Visible Alpha. ...

Does Google's AI investment pay off?

Alphabet, Google's parent company, reported its third-quarter earnings on Tuesday. The company beat on revenue, EPS, its ads business, and Google Cloud revenue, which grew 35% year over year. CEO Sundar Pichai said the company's AI investments are "paying off." ...

When are Google Earnings coming?

Google earnings are coming tomorrow. Here's what Wall Street expects Google logo in front of company headquarters on August 13, 2024 in Mountain View, California. Google (GOOGL-1.05%) parent Alphabet is set to report third-quarter earnings on Tuesday, after beating second-quarter earnings expectations on artificial intelligence momentum. ...

How much money will Google make in 3rd quarter?

The tech giant is expected to report revenues of around $86.4 billion for the third quarter, according to analyst estimates compiled by FactSet (FDS+0.47%). Google’s U.S. revenues are expected to be $40.6 billion, and its “rest of the world” revenues are expected at $45 billion. ...

How did Google's third quarter perform?

Google's parent company, Alphabet, released better-than-expected earnings for the third quarter after the closing bell on Tuesday. Revenue from Google Cloud grew 35% year over year to $11.4 billion, bolstered by "accelerated growth" in the company's AI products, the company said. The company's shares were up more than 5% in after-hours trading. ...