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Alphabet Class C (DE:ABEC)
XETRA:ABEC
Holding DE:ABEC?
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.02Last Year’s EPS
1.56Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 22.57%
|Next Earnings Date:Jul 23, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with strong revenue growth driven by AI innovations, YouTube's performance, and Waymo's expansion, despite some challenges in network revenue and advertising growth.Company Guidance
During Alphabet's Q3 2024 earnings call, the guidance highlighted several key metrics and areas of focus. Alphabet's consolidated revenue increased by 15% year-over-year, with Google Cloud revenue growing by 35% to $11.4 billion and Google Services generating $76.5 billion, up 13%. Operating margin for the quarter was 32%, while net income rose by 34% to $26.3 billion. Google Search and other advertising revenues increased by 12%, driven by the financial services and retail verticals, while YouTube ad revenues also grew by 12%. The company emphasized its ongoing investment in AI infrastructure, including the deployment of Gemini models across its platforms, which have seen a 14x increase in API calls over six months. Alphabet plans to continue investing in technical infrastructure, with Q4 CapEx expected to match Q3's $13 billion level and further growth anticipated in 2025.Record Revenue Growth
Alphabet reported consolidated revenue growth of 15% year-over-year, with Google Cloud revenues increasing by 35%.
AI Infrastructure and Innovation
Significant investments in AI infrastructure, including a 90% reduction in machine cost per query and the expansion of AI capabilities across products like Google Maps and YouTube.
YouTube's Strong Performance
YouTube's combined ad and subscription revenue surpassed $50 billion over the past four quarters, with YouTube ads revenue growing 12% year-over-year.
Waymo's Expansion
Waymo has scaled its autonomous driving operations, driving more than 1 million fully autonomous miles weekly and partnering with Uber and Hyundai for expanded reach.
Cloud Operating Margin Expansion
Google Cloud's operating income increased to $1.9 billion with an operating margin of 17%.
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DE:ABEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:ABEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | €157.52 | €166.37 | +5.62% |
| Jul 23, 2024 | €169.82 | €161.44 | -4.93% |
| Apr 25, 2024 | €146.26 | €161.56 | +10.46% |
| Jan 30, 2024 | €141.49 | €132.09 | -6.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alphabet Class C (DE:ABEC) report earnings?
Alphabet Class C (DE:ABEC) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Alphabet Class C (DE:ABEC) earnings time?
Alphabet Class C (DE:ABEC) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Alphabet Class C stock?
The P/E ratio of Alphabet Class C is N/A.
What is DE:ABEC EPS forecast?
DE:ABEC EPS forecast for the fiscal quarter 2024 (Q4) is 2.02.
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