iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Analyst Shower $GOOGL With Affectionate Praise Following a Sublime Earnings Report

Wall Steet loves these GOOGL earnings, handily beating estimates and guiding higher for next quarter.

Look at these numbers, a work of art and beauty.

 

Alphabet beats by $0.38, beats on revs  (745.91 +4.14)
  • Reports Q2 (Jun) earnings of $8.42 per share, $0.38 better than the Capital IQ Consensus of $8.04; revenues rose 21.3% year/year to $21.5 bln vs the $20.77 bln Capital IQ Consensus.
  • Non-GAAP Operating Margin 35% compared to 34% in Q1
  • Cost of revenues as a % 38% compared to 37% in prior year
  • CapEx $2.123 bln compared to $2.515 bln in prior year period.
  • Free Cash Flow $6.997 bln compared to $4.581 bln in prior year.
  • Other Bets revenue $185 mln compared to $74 mln in prior year; Operating Loss $859 mln compared to $660 mln in prior year.
  • Aggregate Paid Clicks Q2 +29%;-Q1 +29%;Q4 +31%; Q3 +23%.
    • Paid Clicks on Google websites- Q2 +37%;Q1 +38%; Q4 +40%; Q3 +35%.
    • Paid clicks on member sites- Q2 0%;Q1 +2%; Q4 +2%; Q3 -5%.
  • Aggregate cost per click- Q2 -7%; Q1 -9%; Q4 -13%; Q3 -11%
    • CPC on Google sites- Q2 -9%;Q1 -12%; Q4 -16%; Q3 -16%.
    • CPC on member sites- Q1 -8%; -8%; Q4 -8%; Q3 -4%.

Two super gay analysts weigh in on a CNBC ‘exclusive’ interview.

 

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