Alphabet Inc. (GOOG) Tops Q1 Earnings and Revenue Estimates

Core Insights - Alphabet Inc. reported quarterly earnings of $2.81 per share, exceeding the Zacks Consensus Estimate of $2.02 per share, and showing a year-over-year increase from $1.89 per share [1] - The company achieved revenues of $76.49 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.27% and increasing from $67.59 billion a year ago [2] Earnings Performance - The earnings surprise for the recent quarter was 39.11%, and the company has surpassed consensus EPS estimates in all four of the last quarters [1][2] - The previous quarter's earnings were also above expectations, with actual earnings of $2.15 per share compared to an estimate of $2.12, resulting in a surprise of 1.42% [1] Stock Performance - Alphabet shares have declined approximately 17.2% since the beginning of the year, while the S&P 500 has decreased by 8.6% [3] - The current Zacks Rank for Alphabet is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $2.07 on revenues of $78 billion, and for the current fiscal year, it is $8.69 on revenues of $324.59 billion [7] - The outlook for the Internet - Services industry, to which Alphabet belongs, is currently in the bottom 34% of Zacks industries, which may impact stock performance [8]