YouTube Ad Rebound Helps Alphabet Beat Q3 Expectations, But Shares Still Dip After Hours
Wall Street analysts had estimated revenue of $71.6 billion and EPS of $1.36. Despite the results coming in well above forecasts, Alphabet shares slipped more than 5%. They came into earnings up 59% this year to date. YouTube’s “Dream Screen"Courtesy It undershot Wall Street estimates, reaching $8.41 billion in revenue compared with forecasts for $8.6 billion. Overall advertising revenue came in at $59.7 billion, ahead of consensus estimates of $58.9 billion....