- Alphabet’s revenue for the fourth quarter exceeded estimates, coming in at $86.31 billion as opposed to the predicted $85.36 billion.
- Google’s advertising revenue was slightly lower than expected at $65.52 billion, with estimates having been set at $65.8 billion.
- YouTube’s ad revenue came in slightly above predictions at $9.20 billion, beating the estimate of $9.16 billion.
- Google Services revenue was higher than anticipated, totaling $76.31 billion against a forecast of $75.97 billion.
- Google Cloud generated $9.19 billion in revenue, surpassing the estimated $8.95 billion.
- Other Bets revenue greatly exceeded predictions, with $657 million earned against a forecast of $298.6 million.
- Earnings per share (EPS) were $1.64, slightly above the estimate of $1.59.
- Operating income was slightly lower than forecasted at $23.70 billion, compared to an estimate of $23.82 billion.
- Google Services’ operating income exceeded expectations, coming in at $26.73 billion against a prediction of $25.75 billion.
- Google Cloud’s operating income was also higher than forecasted at $864 million, with estimates having been set at $427.4 million.
- Other Bets saw a smaller operating loss than expected at $863 million, compared to an estimated loss of $1.26 billion.
- The operating margin was slightly lower than estimated at 27%, compared to a prediction of 27.7%.
- Capital expenditure was higher than anticipated at $11.02 billion, compared to an estimate of $9.82 billion.
- Alphabet now employs 182,502 people.
- The company’s stock ratings are currently at 55 buys, 10 holds, and 0 sells.
Alphabet on Smartkarma
Alphabet Inc. has been receiving positive coverage from top independent analysts on Smartkarma, a leading investment research network. According to Baptista Research, Alphabet’s recent quarterly results were impressive, with strong growth in its Search and YouTube segments. The company also showed promising momentum in its Cloud services, which are expected to be major drivers of future growth. The research report highlights Alphabet’s efforts to provide more diverse information and multiple perspectives in search results, while also incorporating ads. Additionally, the company’s Google Cloud platform has been a major focus, with innovations in infrastructure, data, AI, and cybersecurity solutions.
A look at Alphabet Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s Smart Scores, Alphabet Inc., the parent company of popular search engine Google, has a promising long-term outlook. The company has received a score of 4 out of 5 in Growth, Resilience, and Momentum, indicating strong potential for future success. This is supported by Alphabet’s diverse portfolio of products and services, including web-based search, advertisements, maps, software applications, and hardware products. With its focus on innovation and expansion, Alphabet is well-positioned to continue its growth in the coming years.
While Alphabet has scored relatively low in the Value and Dividend categories, with scores of 2 and 1 respectively, this does not necessarily reflect poorly on the company. These scores simply indicate that Alphabet may not be the most financially attractive option for investors looking for immediate returns. However, with its strong scores in other areas, Alphabet remains a solid choice for long-term investment opportunities.
In summary, Alphabet Inc. is a leading player in the tech industry with a diverse range of products and services. Its high scores in Growth, Resilience, and Momentum suggest a positive outlook for the company’s future. While its scores in Value and Dividend may not be as strong, this does not diminish Alphabet’s potential for long-term success. As a holding company, Alphabet is well-positioned to continue its growth and innovation in the ever-evolving world of technology.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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