GOOGL Stock: Google Earnings Due As TikTok Slows YouTube Sales Growth - BitcoinEthereumNews.com
KabuhayanStock ng GOOGL: Mga Kita ng Google Dahil Pinapabagal ng TikTok ang Paglago ng Benta sa YouTube07 / 25 / 2022Balita ng Ethereum ng Bitcoin When Google parent Alpabeto (GOOGL) reports June-quarter earnings, investors likely will be braced for a slowdown in digital advertising. But they may not be prepared for TikToks expected impact on YouTube and GOOGL stock. n n n Xn n n n Alphabet will report June-quarter earnings after the market close on Tuesday. Google stock sold off July 22 after Masapak (SNAP) reported disappointing second-quarter results. Snaps earnings and revenue missed estimates as a weak advertising market took its toll. Heading into the Google earnings report, analysts have lowered their estimates. Analysts predict Alphabet‘s revenue will grow nearly 13% to $70.2 billion, slowing from the prior year’s 62% growth. They see earnings per share falling 6% to $1.28. GOOGL Stock: YouTube Growth Expected To Slow Wall Street estimates that YouTubes revenue growth will decelerate to 7%, compared with 14% growth in the March quarter. In the year-earlier period, YouTube ad revenue jumped 84% as Google rebounded from the coronavirus pandemic. Cowen analyst John Blackledge trimmed his estimate to 7.5% revenue growth for YouTube in a recent report. “Our latest survey again highlights potential risk to