Google earning takeaways

PJoo
2022-07-27

$Alphabet(GOOG)$All key indicators are below expectations but investor expect worst hence stock is up after hours. Lower op margin and profit. YouTube 7.3 billion of profit vs 7.5billion expected. I don't think any obvious winning against competitors ie. Tiktok. 

Total Ad revenue $56.3 billion is huge. Tough there is Automated Ad (performance max) has not seen real numbers to push the needle. Customers may like it but spending could be at a slower pace. 

Revenue 13% increase YoY to $69.7 billion which is huge but slower growth compare to previous year growth rate. Conclusion is remains that stay in Big Tech which is cash rich - honestly I think there is limited space to the bottom but the potential trajectory is wider. 

Those who bought before closing enjoy 4% return on rock solid company. [Cool] 

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Comments

  • DonnaMay
    2022-07-30
    DonnaMay
    The macroeconomic environment has not been hospitable to stocks
  • LMSunshine
    2022-07-31
    LMSunshine
    Great sharing! Thanks 🤗
  • xuero
    2022-07-27
    xuero
    [Speechless]
  • BCLOW
    2022-07-27
    BCLOW
    :-)
  • Shirleyopy
    2022-07-27
    Shirleyopy
    Go Go
  • Aman33
    2022-07-27
    Aman33
    👍
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