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Earnings Preview: Google's 1Q Report To Answer Growth Concerns

Discussion in 'Off-Topic Discussion' started by CatfishRivers, Apr 11, 2012.

  1. CatfishRivers

    CatfishRivers Well-Known Member

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    Earnings Preview: Google?s 1Q Report To Answer Growth Concerns (click for full article)

    "When Google (Nasdaq: GOOG), the most popular search engine, announces first-quarter results after Thursday's market close, the biggest question will be about overall revenue.

    Last quarter, Google's traffic was lighter than expected. Revenue rose only 25 percent to $10.58 billion, about $300 million below estimates.

    The miss also clipped earnings. The result caused shares of the Mountain View, Calif., search, media and information giant to swoon. They fell 8.4 percent on Jan. 20, to close at $585.99.


    Since then they've regained ground, closing on Tuesday at $626.86, down $3.98, or about 0.6 percent. In the past 52 weeks, Google shares have gained 8.4 percent.


    Here are some key guideposts: "
     
    Last edited: Apr 11, 2012
  2. CatfishRivers

    CatfishRivers Well-Known Member

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    Traders expect less drama for Google earnings - chicagotribune.com (click for full article)

    (Reuters) - The options market is not expecting a wild ride for shares of Google Inc following the results from the Internet search giant on Thursday, but it is leaving investors vulnerable to surprises.


    Google, typically known for volatile post-earnings share moves, tends to report a day before monthly options expiration. But this time it is reporting first-quarter results a week before the April 20 options contracts expire.


    Wall Street has relatively muted expectations for Google's first-quarter results.


    The earnings come at a time when Google shares have been somewhat range-bound, trading in a 100-point range between about $660 and $560 over the past six months.


    "That suggests a lack of commitment from both buyers and sellers," said Steve Place, a founder of options analytics firm investingwithoptions.com in Mobile, Alabama.


    Expectations are for a 6.5 percent move in Google's stock price after its earnings, based on short-term options expiring by the end of this week as of Wednesday's close. That is below the average move of 8.2 percent over the past six quarters.
     
    Last edited: Apr 11, 2012
  3. CatfishRivers

    CatfishRivers Well-Known Member

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    Google's Q1: Earnings strong, revenue a smidge off, stock split on tap | ZDNet (click for full article)


    " Google reported strong first quarter earnings that were better than expected, but revenue was a bit light. The company also approved a 2-for-1 stock split, but maintained a structure that leave control with founders Larry Page and Sergey Brin.


    The company reported first quarter earnings of $2.89 billion, or $8.75 a share, on revenue of $8.14 billion excluding traffic acquisition costs. Including traffic acquisition costs Google revenue for the quarter was $10.65 billion. Non-GAAP earnings came in at $10.08 a share. "
     
    Last edited: Apr 12, 2012
  4. CatfishRivers

    CatfishRivers Well-Known Member

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    4 questions Google's earnings won't answer - CBS News (click for full article)

    " Given the media obsession over Google (GOOG), it's no surprise that days before the company's earnings announcement this afternoon there was intense scrutiny over what the company might say. Most of the attention focuses on two issues: Will Google miss expectations for a second quarter in a row, and what will its cost per click numbers -- a measure of how much the search giant makes on average online ad -- show?


    The two are related, of course. The options market, which can reflect the level of investor concern about a stock, is largely sanguine over Google's earnings. Maybe that's because seasoned investors understand that the company's challenges aren't so much making its first quarter-numbers as how Google will address the following longer term questions: "
     

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