Thursday, July 14, 2011

UPDATED--"Google: What the Analysts Expect" (GOOG)

UPDATE III: "Google’s Page: 10M Google+ Users; New Products Will Be Monetized (GOOG)"
UPDATE II: "Google delivers blowout Q2; Page 'super excited' about Google+ (GOOG)"
UPDATE: "Google Beats; Stock up $60 After Hours (GOOG)"
Original post:
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

Analysts have been paring back their expectations for the quarter steadily for the past few months....MORE