LIVE: Alphabet earnings
AP
Alphabet CEO Larry Page.
We'll have the numbers as soon as they hit. While you wait, here are Wall Street's expectations:
Revenue: $25.2 billion
EPS (adjusted): $9.67
Refresh this post for the latest updates.
In addition to the hard numbers, we'll be paying attention to comments on Alphabet's Other Bets companies, which have gone through a lot of changes over the last several months. Alphabet has ended several projects and lost many top executives and leaders during the back half of 2016. The moves were designed to help cut costs from Other Bets, which have yet to generate any meaningful revenue for Alphabet.
One Other Bet that did get some positive attention this week: Verily. On Thursday morning, Alphabet announced that Verily, which develops health technology like smart contact lenses, received a $800 million investment from a private firm based in Singapore.
Next Story
Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
10 Best tourist places to visit in Ladakh in 2024
Invest in disaster resilience today for safer tomorrow: PM Modi
Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched
DRDO develops lightest bulletproof jacket for protection against highest threat level
Sensex, Nifty climb in early trade on firm global market trends
