Finance

Alphabet is gaining ground ahead of earnings

AlphabetMarkets Insider

  • Shares of Alphabet are ticking higher, up 0.53% at $996.68, ahead of the company’s third-quarter results which are due out after the closing bell.
  • Wall Street analysts are looking for Alphabet to report earnings of $8.34 a share on revenue of $21.95 billion, according to Bloomberg data.
  • Ahead of the results, 34 analysts surveyed by Bloomberg have “buy” ratings while six have “holds” and just one says to “sell.”
  • The stock hit at an all-time high of $1016.31 last week.
  • Shares of Alphabet are up more than 25% this year.

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