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Benzinga
117 days

Top Wall Street Forecasters Revamp Alphabet Expectations Ahead Of Q1 Earnings

1. GOOG expected to report Q1 earnings of $2.01 per share. 2. Revenue projection at $89.15 billion, up from $80.54 billion. 3. Company implementing hybrid work schedule and voluntary exit packages. 4. Shares increased 2.6% to $155.35 prior to earnings release. 5. Several analysts adjusted price targets, maintaining buy recommendations.

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FAQ

Why Bullish?

Earnings growth signals a strengthening financial position, similar to past positive reports improving stock value.

How important is it?

Earnings and analyst ratings have historically driven GOOG price movements significantly.

Why Short Term?

Immediate reactions to earnings outcomes are typical; analysts' ratings further amplify this.

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