Wall Street analysts predict Alphabet (GOOGL) will report quarterly earnings of $2.58 per share, a 20% increase year-over-year. Revenue is estimated at $94.7 billion, up 16% from the previous year. Analysts have revised earnings estimates down by 0.4% over the past 30 days, indicating a shift in projections.

Before a company’s earnings announcement, revisions to estimates are crucial for predicting investor actions. Analysts forecast various key metrics for Alphabet, including Google properties revenue at $72.98 billion, Google Cloud revenue at $16.25 billion, and YouTube ads revenue at $11.82 billion.

Other projected revenues for Alphabet include Google advertising at $80.97 billion, Google Search & other at $61.27 billion, and Google Network at $7.80 billion. Estimates also suggest revenues for EMEA at $32.40 billion, the United States at $54.08 billion, and Other Americas at $6.92 billion. APAC revenues are predicted to reach $17.85 billion.

Analysts expect Total TAC (traffic acquisition costs) to be $16.18 billion, with a headcount of 191,102 employees. Shares of Alphabet have risen 8.1% in the past month, outperforming the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), GOOGL is expected to track the market’s performance in the near future.

Read more at Nasdaq: Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics