Monday, June 15, 2015

Information About Investing In Google

English: The corner of Wall Street and Broadwa...
English: The corner of Wall Street and Broadway, showing the limestone facade of One Wall Street in the background. (Photo credit: Wikipedia)
Recently Brent Callinicos, Vice President of Google, recently posted on his blog that reminded accountants and treasurers that their sale of Motorola's set top box business is a terminated operation. However, those who are thinking about investing in Google do not seem to be taking this into account. For instance, a lot of Wall Street's analysts who cover Google haven't echoed these thoughts.

The result of the failure to recognize this ceased business operation is that the price of stock shares have dropped by approximately 1 billion dollars, which means that the profit per share is down by approximately 0.40 cents. Even Doug Anmuth from J.P. Morgan has lowered his numbers to 11.4 billion dollars in revenue and 10.19 dollars in EPS for the month of December. The street average is 12.3 billion dollars and EPS of 10.54 dollars.

It is anticipated that Google will provide their outcome after they close on January 22. This may cause those who are investing in Google to become somewhat confused, especially when they first receive the numbers. This is because it may seem as though Google has missed both the top and the bottom line. Of course, this depends upon the results' effect.

No comments:

Post a Comment

Amazon Deals

Search This Blog

Infolinks In Text Ads