$Alphabet - C(GOOG.US) -9% AH after 3Q adv revs, earnings and free cash flow missed expectations. Cloud revs beat. 3Q Ca…
$Alphabet - C(GOOG.US) -9% AH after 3Q adv revs, earnings and free cash flow missed expectations. Cloud revs beat. 3Q CapEx came in lighter than expected. FY’2026 CapEx guidance (prior $195B-$205B) will be updated on the earnings call at 430p ET.
3Q actuals- Revs (ex-TAC) $111.2B vs $111.2B est- Operating income $40.6B vs $43.2B est- EPS $2.12 vs $3.02 est- Adv Revs $82.0B vs $83.6B est- Search revs $63.3B vs $64.8B est- YouTube revs $11.2B vs $11.4B est- Cloud revs $30.7B vs $29.1B est- Capexp $51.4B vs $55.8B est- Free cash flow -9.1B vs -$3.5B est - One-time losses on equity securities reduced net income and EPS by -$6.7B and -$.55 respectively. Earnings call 430pm ET.The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.