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Alphabet (GOOGL) Q4 2021 earnings

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Sundar Pichai (CEO of Alphabet), in Brussels, Belgium on January 20, 2020.

Geert Vanden Wijngaert | Bloomberg | Getty Images

Google parent company AlphabetAfter the bell, Tuesday’s will be its fourth quarter earnings.

This is what Wall Street wants:

  • Earnings per shareAccording to Refinitiv, $27.34
  • Revenue:According to Refinitiv, $72.17 Billion
  • YouTube Ad Revenue StreetAccount: $8.87 Billion
  • Google Cloud revenue:According to StreetAccount, $5.47 trillion
  • Costs of traffic acquisition (TAC). StreetAccount: $12.84 trillion

Alphabet reports results soon after it wraps up its aforementioned transaction. year of outperformance. In 2021, the stock rose 65%, surpassing all its Big Tech counterparts and tripling the Nasdaq gains.

Analyst estimates show that revenue rose 27% over the previous year, as top-ranked brands continued to invest in its dominant search engine, and YouTube video service.

YouTube is trying out different formats and has added more ecommerce capabilities in the last quarter. With Shorts (CEO Susan Wojcicki), it’s trying to compete with TikTok. saidRecently, we reached “5 Trillion all-time views” in 2020.

The company revealed that during the quarter it would invest more in physical real estate. $1 billionLondon to expand its presence. This is happening even though Google pushes backBecause of the persistance of the pandemic, it has delayed its plans for return to office. 

In the fourth quarter, Alphabet stated that Waymo, its self-driving vehicle unit Waymo, would be expanding in other cities. New York City. Waymo has its primary market in Phoenix. However, Waymo recently started selling cars. floodingStreets in San Francisco where the company was founded. been testingIts technology.

The strong financial results are proving to be a boon for Alphabet’s highest-ranking executives. Last month, the company announced that its top-ranking executives, including Ruth Porat (CFO), would be receiving a bonus. pay raisePrices range from $650,000 to 1 million. Additionally, the stock awards they receive range from $650,000 to $1 million. They are divided between performance-based equity as well as shares that can be vested over time.

Google faces its fair share of problems.

Concerns expressed by employees on various issues range from Google’s pursuit of a military cloud deal — the Joint Warfighting Cloud Capability (JWCC) program — to vaccine mandatesThe impact of inflation. Some people are unhappy about the inner culture. becomingMore bureaucratic.

Alphabet stock dropped around 5% in the wake of Wall Street’s shaming tech companies. Google is generally able to withstand economic headwinds more effectively than other companies in its industry. Google announced during quarter three that it will increase its workforce. Investors will also be closely monitoring costs.

This is the latest news. Stay tuned for new updates.

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