Published on 13 Oct 2021 on Zacks via Yahoo Finance
Alphabet Inc. (GOOG) closed at $2,758 in the latest trading session, marking a +0.87% move from the prior day. This change outpaced the S&P 500's 0.3% gain on the day.
Heading into today, shares of the company had lost 4.67% over the past month, outpacing the Computer and Technology sector's loss of 5.35% and lagging the S&P 500's loss of 2.37% in that time.
GOOG will be looking to display strength as it nears its next earnings release, which is expected to be October 26, 2021. The company is expected to report EPS of $23.12, up 40.98% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $51.8 billion, up 36.29% from the year-ago period.