UPDATE II: "Google delivers blowout Q2; Page 'super excited' about Google+ (GOOG)"
UPDATE: "Google Beats; Stock up $60 After Hours (GOOG)"
Great minds and all that. Following up on "Cube-ist Nightmare: What Google Does Post-earnings Determines the Move (QQQ; GOOG)" here's MarketBeat:
Google is due to report earnings after the bell today, in one of the earliest blockbuster reports of the season. What does Wall Street expect? Glad you asked.
Analysts, on average, expect Google to report $7.84 per share in non-GAAP earnings, excluding stock-option expenses, on revenue of $8.56 billion, according to FactSet.
The “whisper number” for Google is more like $7.87 a share, according to John Scherr at WhisperNumber.com.
Analysts have been paring back their expectations for the quarter steadily for the past few months....MORE