Alphabet Earnings Preview: Analyzing Stock Valuation on PEG Basis

Monday, 28 October 2024, 04:50

Alphabet earnings preview reveals a cheap stock valuation on a PEG basis. Analysts project $1.84 EPS, $86.3 billion in revenue, and significant y-o-y growth.
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Alphabet Earnings Preview: Analyzing Stock Valuation on PEG Basis

Alphabet Earnings Preview: Evaluating Stock on PEG Basis

As we approach Alphabet's Q3 earnings release, market analysts are predicting a significant performance. The expected **Earnings Per Share (EPS)** is projected at **$1.84**, aligning with an overall revenue forecast of **$86.3 billion**. Additionally, anticipated operating income stands at **$26.44 billion**, suggesting y-o-y growth rates of **19%**, **13%**, and **24%** respectively.

Key Growth Indicators for Alphabet

  • Earnings Per Share (EPS): $1.84
  • Revenue: $86.3 billion
  • Operating Income: $26.44 billion

This solid performance highlights Alphabet's positioning within the market and underscores the stock's attractive valuation metrics, particularly when considered on a PEG basis. Staying acutely aware of these figures will be vital for investors. For updates and detailed analysis, follow the earnings release closely.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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