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Google CEO Sundar Pichai
Google-parent company Alphabet reports its Q1 earnings after the closing bell on Monday. Wall Street is eagerly waiting to see whether YouTube, the company's dominant video service, continues to drive revenue growth. Revenue from non-advertising businesses, such as Google's cloud business and its fledgling hardware group, will also be under the spotlight.
Shares of Alphabet have fallen about 9% over the past three months, as worries about online privacy and regulatory risks weigh on the stock.
Here are the key numbers Wall Street is looking for, according to Bloomberg estimates:
- Net Revenue (ex-traffic acquisition costs): $24.5 billion, up roughly 22% year-on-year
- Earnings per share (GAAP): $9.30
Business Insider will be covering the earnings results live as they cross the wire, so hit refresh or click here for the latest details.
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