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Here's what analysts are expecting:
- Revenues: $16.75 billion
- Earnings per share: $12.26
The big news prior to the call was Google's decision to sell its Motorola mobile phones unit to Lenovo for $2.9 billion. Google only acquired the company in 2012, when it paid $12.5 billion. It was, according to some, "one of the worst investments in Google's history."
Some one question might be: Will there be a big writedown on the income statement because of the sale?
Regardless, GOOG has had a great run in the last year, going from $755 to over $1,100 per share.