Alphabet Q1 earnings set to show reopenings fueled advertising sales resurgence

Yahoo2021-04-27

Alphabet (GOOGL), the parent company of Google, will report first-quarter earnings after market close on Tuesday, with the tech giant's results likely to get a boost from a pick-up in its advertising ...

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精彩评论

Dinami
2021-04-28
Dinami
Nice
- bombacow:
  Oo
thuiminn
2021-04-28
thuiminn
Exceptional FANG to go!
Bubu0106
2021-04-28
Bubu0106
Good
- Eellen:
  Good
xCass
2021-04-28
xCass
👏👏
Kevin92
2021-04-28
Kevin92
Nice
- Glenna:
  yes
Glenna
2021-04-28
Glenna
good stock. pls like and commnet
- Zfron:
  Ok
- Acella:
  😀

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The company's results have been viewed as closely tied to the pace of the post-pandemic economic reopening. Alphabet's core advertising revenue through search and YouTube is exposed to marketers in travel and other high-contact industries, as well as small businesses deeply impacted by the pandemic.\nOverall, Google advertising revenues are expected to jump 25% over last year, comprising the vast majority of overall sales. YouTube ads likely grew by 42% to $5.8 billion.\n\"Google Search and YouTube ads could see meaningful upside from advertisers heavily impacted by COVID-19 returning to Search (travel advertisers) and YouTube (brand advertisers),\" JPMorgan analyst Doug Anmuth wrote in a note last week.\nAgainst this improving backdrop, Alphabet's stock underperformance against Big Tech peers last year has reversed in 2021 to-date. Shares have risen 32% through Monday's close, far outperforming the S&P 500's 11.5% gain over that time period.\nUKRAINE - 2021/04/09: In this photo illustration, Alphabet and Google logos seen displayed on smartphones. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)\nSome, however, have noted that since the company is a known beneficiary of the \"reopening trade,\" it may have a difficult hurdle to clear in delivering first-quarter results that manage to impress Wall Street. Others suggested the opposite.\n\"We think expectations are actually the lowest for Alphabet, partially because it's been the most obvious reopening stock,\" Jason Helstein,Oppenheimer senior analyst, told Yahoo Finance on Monday.\"They have the most exposure to travel. They have the most exposure to local. 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While still a smaller cloud platform than those of competitors like Microsoft Azure and Amazon Web Services, the company's platform has maintained an impressive run of year-over-year growth topping 40%, continuing to gain market share in the cloud computing space.\nThis post will be updated with the results of Alphabet's second-quarter results Tuesday after market close. 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