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Benzinga
Benzinga
Business
Wayne Duggan

MYSTERIOUS: Difficult environment and tough comps google analysts react to disappointing earnings report - What They Never Told You

Google Alphabet Nasdaq Environment Alphabet Inc Andrew Boone Brian Fitzgerald Brian Nowak Justin Patterson Justin Post

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers.

On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell short of consensus analyst estimates of $25.91 and $68.11 billion, respectively. Revenue was up 23% from a year ago.

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