Tania R. Cruybeeck – 5:00 – 28/07/2016
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This will be its best quarter and 2016 more positive exercise
Alphabet, the technology giant, has on July 28 marked on your calendar. And the company today presents the results for the second quarter of 2016, for which the consensus estimates that its benefits reach 5,690 million. If the market succeeds, the company will record a historical quarterly figures and which would represent an 18% earnings growth than the same period last year.
From Pivotal Research say “Alphabet has a promising future” above all, thanks to “advertising and digital marketing.” On average, Alphabet has been improving consensus expectations of 7.6% market.
In the same period last year -second quarter of 2015-the matrix of Google came to get a profit of almost 4% above what analysts expected (4.829 million dollars). However, after three consecutive quarters in which soprendía the market positively with their accounts, it was in the first quarter of this year when the company marked a turning point. Their results were 5% below forecasts, to 5.248 million. The day he announced these results, the company fell as much as 5.4% on the stock market.
However, still has the backing of the market. 90% of consensus following the technological advised to buy their securities, according to Bloomberg. From the lows of June 27, its stock rises 11% above the $ 740.
In this context, the record figures of the group is not limited to quarterly results, as consensus also provides that for this exercise achieve a historic benefit. 23.422 billion, 14% more than in 2015
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