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False. Most companies provide guidance. They under perform if they do worse than guidance. Alphabet on the other hand does not provide guidance. And frankly i

by btian 10y ago

False. Most companies provide guidance. They under perform if they do worse than guidance. Alphabet on the other hand does not provide guidance. And frankly it's quite silly to call 20+% growth a miss.

gigatexal 10y ago
And yet in after-market trading the stock is down some 3%. I do think though it'd be cheaper for Google to find a way to diversify away from ads now that it's likely having more competition from the likes of Facebook and Snapchat but I'm no MBA nor an analyst so what do I know.
- gigatexal 10y ago
  if you're going to down vote, please respond with why
  - dangrossman 10y ago
    3% is a normal daily up and down for GOOG. In the past 15 minutes, it's regained 1/3rd of that loss in after-hours trading. The share price is still basically sitting at its all-time high. Your comment is potentially misleading, confusingly worded, and it's unclear what point you were trying to make. Some combination of those things should explain any downvotes.
    - gigatexal 10y ago
      Some data to back up the closing price (all but useless given the after-hours price and the apparent open for tomorrow being pretty much what it was today before earnings): I took the last 20 days of adjusted closing prices for GOOG from finance.yahoo.com, and a -2.18% change is 2.76 std-deviations away from the average fluctuation. Not significant but still a lot. Thanks for response.
- deleted 10y ago
  [deleted]
btian 10y ago
What do you think it's doing with Google Cloud, Waymo, etc.?
curiouscats 10y ago
Undue attention is paid to short term blips. And it is indeed silly to get excited about exceeding analysts guess or falling short by a couple pennies a share. About the 22% growth, that isn't being called a miss. They actually exceeded guesses on revenue. Net profit, while up, is what is being called a miss. Which net profit you want to use changes the increase but GAAP earnings were up 7%.
nerfhammer 10y ago
It's a miss if the market had already priced in expectations that it would be better than that; indicating that the market price is wrong and a correction could be expected imminently. To the extent that we can assume equity prices mean anything, of course.

by btian 10y ago

gigatexal 10y ago

And yet in after-market trading the stock is down some 3%. I do think though it'd be cheaper for Google to find a way to diversify away from ads now that it's likely having more competition from the likes of Facebook and Snapchat but I'm no MBA nor an analyst so what do I know.

gigatexal 10y ago
if you're going to down vote, please respond with why
- dangrossman 10y ago
  3% is a normal daily up and down for GOOG. In the past 15 minutes, it's regained 1/3rd of that loss in after-hours trading. The share price is still basically sitting at its all-time high. Your comment is potentially misleading, confusingly worded, and it's unclear what point you were trying to make. Some combination of those things should explain any downvotes.
  - gigatexal 10y ago
    Some data to back up the closing price (all but useless given the after-hours price and the apparent open for tomorrow being pretty much what it was today before earnings): I took the last 20 days of adjusted closing prices for GOOG from finance.yahoo.com, and a -2.18% change is 2.76 std-deviations away from the average fluctuation. Not significant but still a lot. Thanks for response.
deleted 10y ago
[deleted]

btian 10y ago

What do you think it's doing with Google Cloud, Waymo, etc.?

curiouscats 10y ago

Undue attention is paid to short term blips. And it is indeed silly to get excited about exceeding analysts guess or falling short by a couple pennies a share. About the 22% growth, that isn't being called a miss. They actually exceeded guesses on revenue. Net profit, while up, is what is being called a miss. Which net profit you want to use changes the increase but GAAP earnings were up 7%.

nerfhammer 10y ago

It's a miss if the market had already priced in expectations that it would be better than that; indicating that the market price is wrong and a correction could be expected imminently. To the extent that we can assume equity prices mean anything, of course.