Google whiffs on earnings expectations, share price instantly plummets 9%
Monday, October 22, 2012 11:26 AM
Posted by gamefbi
Google (GOOG) missed its projected profits by a fair margin last quarter, posting earnings per share of $9.03 versus expectations of $10.65 per share and revenues of $11.33 billion on expectations of $11.86 billion. The company had been scheduled to post its earnings after stocks closed Thursday but it instead released its earnings hours early. One big stone around Google’s neck last quarter was its Motorola Mobility unit, which posted an adjusted operating loss of $151 million, or roughly 6% of Motorola’s total revenues. Google’s share price plummeted by 9% immediately after the earnings were released early.
This entry was posted on 11:26 AM, and is filed under
earnings,
expectations,
Google,
instantly,
plummets,
price,
share,
whiffs
. Follow any responses to this post through RSS. You can leave a response, or trackback from your own site.
ඔබට දැන් facebook මගින්ද comment දැමිය හැක: comment by facebook.com වැඩි දියුනු කලේ gamefbi.blogspot.com
Subscribe to:
Post Comments (Atom)
Post a Comment