Jul. 9 at 10:44 PM
$GOOGL Market's tripping on this one. This has all the signs of the best quarterly earning in Google's history - Multiple products released in Google IO - 1 million native android apps created using AI studio, Gemini Omni released, New workhorse 3.5 flash model, multiple Anthropic deals, FIFA world cup, etc.
Predictions for earnings :
Cloud revenue: , +65% YoY ( 25B USD)
Cloud Backlog: likely
$550–650B+, ~6x YoY. Another record.
Ads: decent, not spectacular.
Search maybe +15–18%
YouTube +10–14%, total ads low/mid-teens. T
Total revenue ~
$117–120B (+21–24%).
Core EPS around
$2.90–3.05 against consensus of
$2.86
Total run-up on the above earnings : 6-10% from 360. So, targeting around 400 on earnings day (28th July)