Plus   Neg

Alphabet Inc. Profit Climbs In Q4

Alphabet Inc. (GOOGL) announced earnings for its fourth quarter that advanced from the same period last year.

The company's earnings came in at $15.23 billion, or $22.30 per share. This compares with $10.67 billion, or $15.35 per share, in last year's fourth quarter.

Analysts had expected the company to earn $15.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.5% to $56.90 billion from $46.08 billion last year.

Alphabet Inc. earnings at a glance:

-Earnings (Q4): $15.23 Bln. vs. $10.67 Bln. last year.
-EPS (Q4): $22.30 vs. $15.35 last year.
-Analysts Estimate: $15.90
-Revenue (Q4): $56.90 Bln vs. $46.08 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT