TECH - What's Going On With Google Parent Alphabet Stock Ahead Of Earnings? | Benzinga
Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares are trading slightly higher. BofA Securities released a first-quarter earnings preview on Alphabet on Thursday.
The Details: BofA Securities saw upside potential to the consensus revenue estimates resulting from YouTube strength, stability and potential upside in search, as well as the leap year and Easter benefits to the quarter. According to data from Benzinga Pro, the Street anticipates Alphabet reporting quarterly revenue of $78.571 billion.
BofA Securities also noted limited job openings at Alphabet which suggests that costs are still being managed.
Google recently announced a new round of job cuts that will affect the ...