On Monday, July 24th, Alphabet (GOOGL) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B..
Dave will look at Alphabet’s (Google) past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Delta ahead of earnings.
Alphabet (Google) 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 Inc., formerly known as Google Inc (NASDAQ:GOOGL)., is headquartered in Mountain View, California.
Alphabet is expected to report earnings at $8.17 per share. Alphabet reported earnings last quarter at $7.73 per share, beating the Zacks Consensus Estimate by $0.49 last quarter. Alphabet has an average surprise of 5.74% over the last 4 quarters.
Alphabet Inc. Price, Consensus and EPS Surprise
Alphabet Inc. Price, Consensus and EPS Surprise | Alphabet Inc. Quote
Bottom Line
How should investors play Alphabet (Google) ahead of their earnings report? For insights on the best options trades, then tune in at 11:00am today to see David’s thoughts.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>Alphabet Inc. (GOOGL): Free Stock Analysis Report
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