Google's parent company Alphabet reports Q3 earnings

Ruth Porat CFO of Alphabet at the New York Economic Club

Ruth Porat CFO of Alphabet at the New York Economic Club

Analysts had been modeling $21.94 billion in net revenue, and $8.35 per share profit. Alphabet accounts for approximately 3.9% of Seatown Holdings Pte.

Alphabet, along with much of the tech sector, has enjoyed torrid growth in recent years as advertising moves from traditional media to the internet and consumers flock to an ever-expanding array of digital devices.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Calamos Wealth Management LLC now owns 12,505 shares of the information services provider's stock valued at $12,176,000 after purchasing an additional 778 shares during the last quarter. The original version of this news story can be viewed at https://stocknewstimes.com/2017/10/26/eads-heald-investment-counsel-sells-116-shares-of-alphabet-inc-googl.html. Finally, First Midwest Bank Trust Division increased its holdings in Alphabet by 6.9% in the 3rd quarter.

Google's Other revenues, which includes hardware and cloud services, was $3.4 billion, up from $2.43 billion a year ago.

GOOGL has been the subject of a number of recent analyst reports. Evercore ISI reiterated a "buy" rating and issued a $830.00 price objective on shares of Alphabet in a research note on Tuesday, July 26th.

Alphabet Inc. (GOOGL)(GOOGL) shares surged in the extended session Thursday after the company beat earnings and revenue expectations.

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Paddock killed 59 people in the meticulously planned attack and wounded 500 more more before shooting and killing himself. Another brother, Eric Paddock, spoke to media after the shooting, but Bruce Paddock did not.

The average cost-per-click was up down 18% from the prior-year period.

Alphabet was initially founded on October 2, 2015, and at the time of publishing this article, has a stock price of $991.42 per share. Finally, Vetr raised Alphabet from a "buy" rating to a "strong-buy" rating and set a $1,053.55 target price on the stock in a research report on Monday, July 3rd.

The company's shares were up almost 3 percent at $1,020 after the bell. Alphabet presently has a consensus rating of "Buy" and a consensus price target of $1,061.20. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the stock.

Alphabet Inc is a holding company. Other bets revenues jumped to $302 million from $197 million last year; Other bets operating losses narrowed slightly to $812 million from the year-ago operating losses of $861 million. Google has discovered less than $100,000 worth of ads so far.

Want to see what other hedge funds are holding GOOGL?

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