Thursday, January 26, 2017

The Transport Guy: LIVE: Alphabet earnings (GOOG, GOOGL)

Steve Kovach January 26, 2017 at 12:45PM

alphabet ceo larry page

Google's parent company Alphabet will report earnings at about 4 p.m. Eastern.

We'll have the numbers as soon as they hit. While you wait, here are Wall Street's expectations:

Revenue: $25.2 billion

EPS (adjusted): $9.67

Refresh this post for the latest updates.

In addition to the hard numbers, we'll be paying attention to comments on Alphabet's Other Bets companies, which have gone through a lot of changes over the last several months. Alphabet has ended several projects and lost many top executives and leaders during the back half of 2016. The moves were designed to help cut costs from Other Bets, which have yet to generate any meaningful revenue for Alphabet.

One Other Bet that did get some positive attention this week: Verily. On Thursday morning, Alphabet announced that Verily, which develops health technology like smart contact lenses, received a $800 million investment from a private firm based in Singapore.

SEE ALSO: Samsung explains what caused the Galaxy Note 7 to explode

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LIVE: Alphabet earnings (GOOG, GOOGL) from Business Insider: Steve Kovach

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