Google Inc. (NASDAQ:GOOG) has plans to post its 4Q earning results on Thursday.
Google Inc. (NASDAQ:GOOG) To Release Q4 Results It has been reported that Google
Inc. (NASDAQ:GOOG) will post strong fourth quarter earning results on Thursday
despite a weak economy, driven by strong online holiday shopping. Analysts
expect that net revenue will increase by 32 percent to $8.4 billion and adjusted
earnings per share will reach $10.49. Google Inc. (NASDAQ:GOOG) experienced a
strong increase in its advertising business this quarter as many online shoppers
spent more money to advertise on Google Inc. (NASDAQ:GOOG). The company also
acquired the smartphone maker Motorola Mobility Holdings and the deal is
expected to close early this year. The company has posted strong earning results
in the last five quarters. Google Inc. (NASDAQ:GOOG) stocks were at 628.58 at
the end of the last days trading. Theres been a 5.6% change in the stock price
over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.18 Zacks Rank: 5 out of 29 in the industry
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