Alphabet Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) will release earnings results for its third quarter, after the closing bell on Tuesday, Oct. 29.

Analysts expect the Mountain View, California-based bank to report quarterly earnings at $1.84 per share, up from $1.55 per share in the year-ago period. Alphabet projects to report revenue of $86.3 billion for the recent quarter, compared to $76.69 billion a year earlier, according to data from Benzinga Pro.

Gene Munster, managing partner at Deepwater Asset Management believes Alphabet subsidiary Google‘s reported Project Jarvis initiative signals a major advancement in artificial intelligence-powered web browsing capabilities, highlighting parallel developments from Jeff Bezos-backed Anthropic.

Alphabet shares gained 0.9% to close at $166.72 on Monday.

Benzinga readers can access the latest analyst ...