Published on 26 Sep 2022 on Zacks via Yahoo Finance
Alphabet Inc. (GOOG) closed the most recent trading day at $98.81, moving -0.36% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.03%. Meanwhile, the Dow lost 1.11%, and the Nasdaq, a tech-heavy index, lost 0.12%.
Prior to today's trading, shares of the company had lost 10.9% over the past month. This has was narrower than the Computer and Technology sector's loss of 13.11% and lagged the S&P 500's loss of 10.4% in that time.
Alphabet Inc. will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.25, down 10.71% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $58.44 billion, up 8.99% from the year-ago period.