Google Expected to Report Big Q3 Earnings
Google, which has gained more search market and paid search shares, and garnered some good publicity from its self-driving cars and wind farm investment, today will release its third quarter earnings after the market closes. Analysts are forecasting sharp gains for Google, despite concerns about growth in spending on acquisitions and hiring.
Analysts say Google has benefited from increased paid search advertising demand, especially from the travel and financial sector. Investors believe Google will report between $5.25 billion and $5.4 billion in net revenue; paid click growth between 14 and 16 percent; and that the price of Google’s advertisements has grown between 1 and 4 percent.
Google’s second quarter earnings figures were good, with a 24 percent year-over-year increase, and yet still weren’t good enough as they came below market expectations.
More about:
The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to success. It is the indispensable guide for B2B marketers to deliver world-class experiences and keep pace with the dynamic environment. Download Now
The ClicData survey found that various challenges exist that prevent organizations from achieving such gains. These challenges included inaccessible data formats and limited flexibility in displaying data in dashboards. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
Leave a Reply
You must be logged in to post a comment.