Google Parent Alphabet's Earnings: 4 Key Things to Watch
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is slated to report its fourth-quarter and full-year 2019 results after the market close on Monday, Feb. 3. The Google parent and search engine leader is going into its report on a mixed note. Last quarter, it missed Wall Street's earnings expectation, but it easily beat the consensus estimate in the second quarter.
Like many of the large tech stocks, Alphabet shot out of the gate in 2020. Both Class A (GOOGL) and Class C (GOOG) shares are up more than 10% through Friday, Jan. 17, versus the S&P 500's 3.1% return. This strong performance is especially welcomed by investors, given that the stock slightly underperformed the market last year: In 2019, Class A and C shares gained 28.2% and 29.1%, respectively, versus the S&P 500's 31.5% return.
Here's what to watch in Alphabet's upcoming report, its first quarterly report since Sundar Pichai took the CEO reins from company co-founder Larry Page in early December.
Source Fool.com
