Published on 5 Oct 2022 on Zacks via Yahoo Finance
Alphabet Inc. (GOOG) closed at $102.22 in the latest trading session, marking a -0.19% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.2%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.12%.
Prior to today's trading, shares of the company had lost 4.72% over the past month. This has lagged the Computer and Technology sector's loss of 4.64% and the S&P 500's loss of 3.29% in that time.
Wall Street will be looking for positivity from Alphabet Inc. as it approaches its next earnings report date. This is expected to be October 25, 2022. On that day, Alphabet Inc. is projected to report earnings of $1.25 per share, which would represent a year-over-year decline of 10.71%. Meanwhile, our latest consensus estimate is calling for revenue of $58.35 billion, up 8.83% from the prior-year quarter.