(Boursier.com) — Alphabet , the parent company of Google, publishes this evening, after trading on Wall Street, its financial results for the fourth quarter. Revenue excluding traffic acquisition costs is forecast at $59.3 billion, compared to $46.4 billion for the corresponding period last year. Earnings per share should exceed $30 for the quarter, compared to $22.3 in the fourth quarter of the previous year. Operators will be very attentive to the group’s advertising performance as well as the progress of cloud activities. Google Cloud faces tough competition from AWS (Amazon) and Azure (Microsoft).
©2022 Boursier.com