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via finance.yahoo.comBusiness & Companies

Alphabet Q3 earnings snapshot: results miss expectations

FROM THE WIRE · FINANCE.YAHOO.COM

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Alphabet Inc. (GOOGL) on Wednesday reported third-quarter earnings of $26.47 billion. On a per-share basis, the Mountain View, California-based company said it had net income of $2.12. The results missed Wall Street…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishMissed earnings and revenue below forecasts at a mega-cap weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alphabet reported third-quarter earnings of $26.47 billion and net income of $2.12 per share.
  2. 02The average analyst estimate was $2.94 per share.
  3. 03Revenue after advertising commissions was $111.21 billion, also below forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Alphabet Inc.GOOGLStock324.89 USDMarket closedtoday +1.34%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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