LIVE: Here come Google and Alphabet's earnings

• Google parent Alphabet will report its fourth-quarter results Monday.
• Analysts expect the company to show a 21% gain in revenue but a slight slump in earnings per share.
• Wall Street will also be listening closely for details about YouTube, and Google Cloud.
• Visit Business Insider's homepage for more stories.

Alphabet is set to report its fourth-quarter results Monday afternoon, and Wall Street has mixed expectations.

The company is likely to report a 21% jump in sales, according to the average forecast of analysts polled by Bloomberg. But it's also likely to see a slump in earnings-per-share.

The report comes as Google's parent company is trading near and all-time high. It will represent the first earnings update Alphabet's given since Sundar Pichai took over from cofounder Larry Page as the company's CEO.

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Here's what analysts are expecting and how that compares with the company's prior year results:

• Q4 '19 revenue minus traffic acquisition costs (TAC): $38.39 billion. In the fourth quarter of 2018, Alphabet posted $31.84 billion in revenue on this basis.
• Q4 '19 earnings per share (EPS): $12.50. In the year-prior quarter, the company earned $12.77 a share.
• Q1 '20 revenue minus TAC (analyst forecast): $35.27 billion. In the same period a year ago, Alphabet posted $29.48 billion in sales on this basis.
• Q1 '20 EPS (forecast): $12.31. Alphabet earned $9.50 a share in the first quarter last year, a period in which it recorded a $1.7 billion fine from the European Commission.

Beyond the primary numbers, analysts an investors will be listening closely for any details Alphabet officials offer about the company's fast-growing segments outside its core search business, including YouTube and Google Cloud.

In late trading on Monday, Alphabet's stock was up $46.61 a share, or 3.3%, to $1,480.84. The company's share price is up 33% over the last year and hit an all-time high of $1,503.21 less than two weeks ago.

This story will be be updated with the results. Refresh this page or click here for the latest updates.