GOOGL Earnings Prediction
The chart below shows how GOOGL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GOOGL sees a -2.90% change in stock price 10 days leading up to the earnings, and a -2.46% change 10 days following the report. On the earnings day itself, the stock moves by +0.89%. This data can give you a slight idea of what to expect for the next quarter's release.
GOOGL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
88.27B
15.09%
4.16%
Gross Margin
58.68%
3.49%
1.00%
Operating Margin
33.14%
18.53%
-0.48%
Net Margin
29.80%
16.09%
4.27%
EPS
2.12
36.77%
12.17%
No Data Available
GOOGL Earnings Analysis
Alphabet Inc Corporation (GOOGL.O) Earnings Conference Call
Positive
Revenue and Operating Margins: Q3 revenue increased by 35% to $11.4 billion, with operating margins of 17%.
Google Services Revenue Increase: Google Services generated revenues of $76.5 billion for the quarter, up 13% year-on-year.
YouTube Ads Revenue Growth: YouTube ads revenue grew 12% year-on-year to $8.9 billion, driven by brand and direct response advertising.
Cloud Revenue Surge: Google Cloud revenue increased by 35% to $11.4 billion in the third quarter, reflecting accelerated growth in GCP across AI infrastructure.
Income and Earnings Surge: Operating income increased by 34% to $28.5 billion, and net income rose by 34% to $26.3 billion, with earnings per share increasing by 37% to $2.12.
Negative
Revenue Growth Slowdown: In Q3 2024, Alphabet reported a total revenue of $76.5 billion, which was only a 13% increase year-over-year, indicating a slowdown in growth compared to previous quarters.
Net Income Increase Analysis: The net income for Q3 2024 was $26.3 billion, which, while an increase of 34%, reflects a significant reliance on cost management rather than revenue growth.
Rising Operational Costs: Operating expenses increased by 5% to $23.3 billion, driven primarily by facilities-related charges, indicating rising operational costs that could impact profitability.
Cloud Revenue Decline: The cloud segment saw a decline in net revenue by 2% year-over-year, suggesting challenges in maintaining growth in this competitive market.
Rising Cost of Revenue: The overall cost of revenue was $36.5 billion, up 10%, highlighting increasing costs that could pressure margins in the future.
GOOGL FAQs
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GOOGL Earning Call Sentiment
Alphabet Inc. (GOOG) Q3 2024 Earnings Call Transcript
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GOOGL.O
-4.2%Positive
The earnings call indicates strong financial performance with a 10% YoY revenue increase and improved operating margins. Despite increased CapEx, the company maintains healthy margins and projects 10-12% revenue growth for Q4 2024. The Q&A highlights optimism for growth, though specific revenue targets were not disclosed. Overall, the strong financial metrics and optimistic guidance suggest a positive outlook, likely resulting in a 2% to 8% stock price increase over the next two weeks.