Published on 20 Sep 2021 on Zacks via Yahoo Finance
Alphabet Inc. (GOOG) Dips More Than Broader Markets: What You Should Know
Alphabet Inc. (GOOG) closed at $2,780.34 in the latest trading session, marking a -1.73% move from the prior day. This change lagged the S&P 500's daily loss of 1.7%.
Heading into today, shares of the company had gained 2.19% over the past month, lagging the Computer and Technology sector's gain of 2.54% and outpacing the S&P 500's loss of 0.27% in that time.
Investors will be hoping for strength from GOOG as it approaches its next earnings release. In that report, analysts expect GOOG to post earnings of $23.12 per share. This would mark year-over-year growth of 40.98%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $51.41 billion, up 35.25% from the year-ago period.