On Thursday, July 28th, Alphabet Inc. (GOOGL - Free Report) released its Q2 earnings results. The company is currently a Zacks Rank #4 (Sell) and shares are down about 3% year-to-date.
David looked into Alphabet’s past earnings, looked at what is currently going on with the company, and gave us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will look into some potential options trades for investors looking to make a play on Alphabet ahead of earnings.
Alphabet Inc. in Focus
Alphabet Inc. is engaged in technology business. The company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products through its subsidiaries.
Alphabet is coming off of an earnings miss of 5.35% in its Q1 2016 earnings report, posting an EPS that was $0.34 lower than the Zacks Consensus Estimate.
GOOGL has an average EPS surprise of -2.78% for the last four quarters. In Q2 2015, GOOGL missed estimates by 9.54%. This trend continued in Q3 2015, where GOOGL missed estimates by 2.39%. However, GOOGL went on to beat estimates in Q4 2015 by 6.17%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Thursday, July 28th, Alphabet Inc. (GOOGL - Free Report) released its Q2 earnings results. The company is currently a Zacks Rank #4 (Sell) and shares are down about 3% year-to-date.
David looked into Alphabet’s past earnings, looked at what is currently going on with the company, and gave us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will look into some potential options trades for investors looking to make a play on Alphabet ahead of earnings.
Alphabet Inc. in Focus
Alphabet Inc. is engaged in technology business. The company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products through its subsidiaries.
Alphabet is coming off of an earnings miss of 5.35% in its Q1 2016 earnings report, posting an EPS that was $0.34 lower than the Zacks Consensus Estimate.
GOOGL has an average EPS surprise of -2.78% for the last four quarters. In Q2 2015, GOOGL missed estimates by 9.54%. This trend continued in Q3 2015, where GOOGL missed estimates by 2.39%. However, GOOGL went on to beat estimates in Q4 2015 by 6.17%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on GOOGL - FREE