Earnings Forecast Research on Alphabet Inc. (GOOGL)

Alphabet Inc. has received $7.21 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $6.83 while the top line estimate is $7.64 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 19.79%.

Alphabet Inc. results fell short with a surprise EPS of -1.18% or $-0.09. The Actual EPS was $7.56 compared to the Estimated EPS of $7.65 during its most recent quarterly earnings. Mountain View based Alphabet Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 20, 2017.

Alphabet Inc. has a Price to Earnings ratio of 29.6 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.08. For the Most Recent Fiscal Year, Alphabet Inc. has a price to cash ratio of 22.16. For the Trailing twelve month period, company showed a Net Profit Margin of 21.58% and Return on Equity of the stock is 14.85%.

In the last quarter, Alphabet Inc. reported Annual Earnings of $7.56. Based on the filings, last years Annual Earnings was, $27.85. In the last Quarter, GOOGL reported a surprise Earnings per Share of -1.18% . The consensus estimate for current quarter is $7.21 and for the current fiscal year, the estimate is $32.38. For the Next fiscal year, the estimate is $38.3 based on the consensus.

Alphabet Inc. (NASDAQ:GOOGL) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 3.64 points or 0.44% at $820.19 with 2,020,180 shares getting traded. Post opening the session at $819.5, the shares hit an intraday low of $813.4 and an intraday high of $823.07 and the price was in this range throughout the day. The company has a market cap of $566,992 million and the number of outstanding shares has been calculated to be 691,293,000 shares. The 52-week high of Alphabet Inc. (NASDAQ:GOOGL) is $867 and the 52-week low is $672.66.

Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.


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