Alphabet's earnings expected to grow in upcoming report, analysts predict positive EPS surprise

From Nasdaq: 2025-01-28 10:00:58

Wall Street anticipates an increase in Alphabet’s earnings for the quarter ended December 2024. The stock may move based on how results compare to expectations in the upcoming earnings report on February 4. Analysts expect earnings of $2.12 per share and revenues of $81.38 billion, with a positive EPS surprise predicted.

Analysts are bullish on Alphabet’s earnings prospects, with a higher Most Accurate Estimate than the Zacks Consensus Estimate resulting in an Earnings ESP of +5.96%. The company has a Zacks Rank of #3, indicating a likely beat of the consensus EPS estimate. Alphabet has a history of beating consensus EPS estimates in the past four quarters.

Considerations beyond an earnings beat or miss can impact stock movement. While Alphabet appears to be a compelling earnings-beat candidate, other factors should also be taken into account. Utilizing tools like Zacks Earnings ESP and Zacks Rank can help investors make informed decisions ahead of earnings releases. Stay updated with the Zacks Earnings Calendar for upcoming announcements.

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Read more at Nasdaq: Alphabet (GOOGL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release