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Alphabet reports better-than-expected quarterly profit and revenue
Alphabet reported profit and earnings for the third quarter that topped analysts’ estimates. While the company’s shares were down about 0.8% after the report.Here’s what Alphabet reported versus what Wall Street expected:. Earnings per share :$27.99 per share vs $23.48 per share, according to Refinitiv estimates.Revenue:$65.12 billion vs. $63.34 billion, according to Refinitiv estimates.Google’s advertising revenue rose 43% to $53.13 billion, up from $37.1 billion the same time last year and sli
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