Alphabet (GOOGL) reported quarterly earnings of $2.87 per share, surpassing the Zacks Consensus Estimate of $2.26 per share and showing a +26.99% earnings surprise. Revenues for the quarter were $87.47 billion, beating estimates by 2.95%. The stock has gained 41.3% year-to-date, outperforming the S&P 500.

Investors are now wondering about Alphabet’s future performance. The company’s earnings outlook and estimate revisions will be key indicators. Currently, Alphabet holds a Zacks Rank #3 (Hold). Analysts expect earnings of $2.53 per share and revenues of $92.47 billion for the upcoming quarter.

Crexendo (CXDO), another company in the same industry, is set to release its quarterly results on November 4. Expectations are for earnings of $0.08 per share, a +33.3% increase year-over-year, and revenues of $17.04 million, up 9% from last year. Investors should keep an eye on industry trends as well.

Read more at Nasdaq: Alphabet (GOOGL) Surpasses Q3 Earnings and Revenue Estimates