""Well, their sales are forecasted to go up 10.7%, and earnings are forecast to grow 7%. Google does not provide any guidance whatsoever, but it has a very good earnings surprise history.""
""Based on the strong retail sales we had in March, the strongest in two years, I would think Google's advertising revenue would pick up.""
""The only glitch is, of course, the Department of Justice has won a suit against them to break them up. You know, breaking up Google is kind of like a dog catching a car.""
""They're trying to appease the government, and I'm sure with Trump in it's going to be a little different, but I think they're trying to spin off Chrome, so we'll see what happens, but Google normally beats.""
Analyst Louis Navellier anticipates that Alphabet Inc. will deliver better-than-expected earnings in their upcoming Q1 report, with sales projected to rise by 10.7% and earnings by 7%. He emphasizes strong retail sales in March as a likely boost for Google's advertising revenue. Despite an ongoing antitrust ruling against Google concerning monopolistic practices, Navellier believes the company has a history of earnings surprises and may take steps to navigate regulatory pressures, such as potentially spinning off parts of its business.
Read at Benzinga
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