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Alphabet A Earnings, Revenue Miss in Q1 -Breaking

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© Reuters. Alphabet B Earnings and Revenue Missed in Q1

Alphabet A (NASDAQ 🙂 reported that Tuesday’s first quarter revenue was below expectations and that it missed analyst forecasts.

Alphabet A posted earnings per share in the range of $24.62 to $68.01B on revenues. Investing.com polled analysts and predicted EPS at $25.89 for $68.08B in revenue.

Alphabet A shares fell 19% over the course of 2018, but are still below 21.71% of its 52-week peak of $3,030.93, set on February 2. The Alphabet A shares have been performing below the Dow Jones by 8.53%.

After-hours trading on Alphabet A stock fell by 4.02% following the news.

Alphabet A is following other important earnings in the Communication Services Sector this month

Alphabet A reports on Tuesday following Alphabet C earnings that were missed on Tuesday. C reported EPS $24.62 on $68.01B revenue, while forecasts called for EPS $25.75.

Verizon beat all expectations Friday, posting a first quarter earnings per share of $1.35 on $33.55B in revenue. This compares to the forecast of $1.34 for $33.61B revenue.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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