Last quarter Google (NASDAQ:GOOG) topped estimates by 51 cents per share, and it is scheduled to report again on Thursday.
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Analysts currently expect Google to come in with earnings of $8.78 per share on revenues of $8.41 billion. Analysts gave estimates ranging from $8.16 per share to $9.98 per share. Over the past three months, the average estimate has moved down from $8.82.
Last Quarter's Results
In the first quarter, profit rose 60.7% to $2.89 billion ($8.75 a share) from $1.8 billion ($5.51 a share) the year earlier, exceeding analyst expectations. Revenue rose 24.1% to $10.64 billion from $8.57 billion.
Analysts are bullish on the stock as 29 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
The stock fell $22.65 per share between May 17, 2012 and May 18, 2012.
Company Fundamental Trends
Reporting Period: 2Q
Date of Release: Thursday, July 19, 2012
Revenue Estimate: $8.41 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)