Google - Markets expect a massive 88% profit increase.
Monday, 29 January 2007
From SAN FRANCSICO (MarketWatch)
Google Inc. is expected to report a big jump in fourth-quarter profit on Wednesday, on the strength of its dominating Internet search engine and advertising business. For the period ended Dec. 6, Google (GOOG) is expected to post a profit of $2.90 a share, which is an 88% increase from a year ago. Meanwhile, Google sales should top $2.2 billion, according to a Thomson Financial survey.
Keep an eye out for the earnings report Wednesday 31st January.
Internet Outsider is running a Google Earnings sweepstake submit your estimates of:
Google Inc. is expected to report a big jump in fourth-quarter profit on Wednesday, on the strength of its dominating Internet search engine and advertising business. For the period ended Dec. 6, Google (GOOG) is expected to post a profit of $2.90 a share, which is an 88% increase from a year ago. Meanwhile, Google sales should top $2.2 billion, according to a Thomson Financial survey.
Keep an eye out for the earnings report Wednesday 31st January.
Internet Outsider is running a Google Earnings sweepstake submit your estimates of:
1) Google's Q4 NET REVENUE (excluding affiliate payouts),
2) The price at which Google's stock will open the morning after the earnings announcement, and
3) BONUS: Your logic about both of the above. The more detail the better.
Comments