Alphabet (NASDAQ:GOOGL) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Alphabet missed estimated earnings by 5.71%, reporting an EPS of $24.62 versus an estimate of $26.11.
Revenue was up $12.70 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $3.37 which was followed by a 7.52% increase in the share price the next day.
Here's a look at Alphabet's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 27.32 | 23.48 | 19.21 | 15.82 |
| EPS Actual | 30.69 | 27.99 | 27.26 | 26.29 |
| Revenue Estimate | 72.13B | 63.34B | 56.02B | 51.70B |
| Revenue Actual | 75.33B | 65.12B | 61.88B | 55.31B |
To track all earnings releases for Alphabet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
