jueves, 18 de octubre de 2012

Google Earnings, Revenue Miss Wall Street Forecasts

Google reported its quarterly earnings much earlier than expected Thursday, and the results missed analysts' expectations significantly.
After the earnings 

announcement, the company's 

shares fell sharply -- down almost 

9 percent -- before being halted. 

The company offered no 

explanation as to why it released 

earnings early.

Revenue increased to $11.33 billion from $7.51 billion a year ago.
The company posted third-quarter earnings excluding items of $9.03 per share, down from $9.72 a share in the year-earlier period.

Analysts had expected the company to report earnings excluding items of $10.65 a share on $11.86 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company was scheduled to report after the closing bell on Thursday and surprised investors with its early release.

Estrategia Investimentos

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