1 Number To Watch in Alphabet's Earnings Report
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) could deliver its worst quarter on record when it turns in second-quarter earnings results after hours on Thursday.
Analysts expect earnings per share to fall by nearly half, and revenue to slip 4%. Advertisers have pulled back on spending during the pandemic, especially in the lockdown period earlier in the quarter, and eMarketer forecast Google's U.S. ad revenue to fall by 5.3% for the year.
While investors are sure to watch Google's advertising figures closely, as well as results from YouTube, there's a more overlooked corner of Alphabet's quarterly results that deserves increased focus from investors: Other Bets.
Source Fool.com
