Alphabet (GOOGL) Surpasses Q2 Earnings and Revenue Estimates

Alphabet (GOOGL) came out with quarterly earnings of $5.12 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +138.14%. A quarter ago, it was expected that this internet search leader would post earnings of $2.02 per share when it actually produced earnings of $2.81, delivering a surprise of +39.11%.Over the last four quarters, ...