+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

LIVE: Google earnings

Apr 24, 2015, 01:24 IST

APGoogle CEO Larry Page

Google is set to announce its Q1 earnings Thursday afternoon.

Advertisement

Here's what analysts are expecting:

  • Revenue minus traffic-acquisition costs: $14.03 billion
  • EPS: $6.63

We'll be updating this post in real time as the earnings cross - refresh your browser or click here for the latest.

The other two important data points to pay attention to are the cost per click (how much Google can charge its advertisers every time a user clicks an ad) and the number of paid ad clicks.

CPC has been steadily declining, largely because advertisers don't want to spend as much on mobile ads as they do on desktop ads, while more and more search traffic now comes from mobile.

Advertisement

Analysts expect cost per click to continue going down, but the number of paid clicks to be up ~15% year-over-year (in Q4, paid clicks were up ~14% year-over-year).

Google has missed its EPS estimates in six of the last eight quarters and its revenue estimates in five of them, but the stock is up ~3.5% this year.

This will be the last quarter where CFO Patrick Pichette will be leading the earnings. Google hired former Morgan Stanley CFO Ruth Porat to take over for Pichette when he retires in May. Wall Street hopes that having Porat in charge will help curb the company's spending and bring better visibility to products like YouTube.

NOW WATCH: Apple sneaked in an annoying new feature in its latest iPhone iOS update - but there's also an upside

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article