However, in general, analysts expect Google to profit on the turnover and result for the period until March 31 at a time when many companies have their number because of the negative going . The advertising companies, based on business should be very strong, despite the pressure in the rest of the media.
Figure GOOG.

On average, analysts, Google (GOOG) is no longer special in the first quarter of $ 4.93 per share and $ 4.1 billion in net revenue by Thomson Reuters. Compared with income, with the exception of the article is $ 4.84 and $ 3.7 billion profit for the same period last year. Apparently, Google was unable, for Internet users to search, click on advertising in the region to help hit Wall Street, is now reduced estimates, Jefferies analyst Youssef Squali and. Squali Google believes that “paid clicks”, or the number of times a user clicks on the ad and a profit for the company, probably more than 8% during the quarter, with an amount of 20% in March compared to the same month last year.

“Google in business, but not before the recession, it is always better than feared,” Squali wrote in a communication to customers. In addition, the latest data from comScore shows that Google Inc. has its dominant position on the Internet. The share of search market was 4% in March to 59%, according to comScore.

Rival Yahoo Inc. (YHOO), and watch its market share declined by more than 1% to over 15%, according to comScore, while Microsoft Corp. (MSFT) share fell 1% to about 5.5 %.
Google share has increased by more than 25% during the last three months, while Yahoo more than 20%, while Microsoft fell nearly 5%.

The trade balance was almost 2% to $ 386.80 in mid-afternoon on Thursday. Google is the result of the “basics of reading online advertising for men and the feeling of reading the Internet stocks, Citigroup analyst Mark Mahaney said customers published earlier this week. Yahoo is expected that its quarterly results on Tuesday, and Microsoft, it is anticipated that on Thursday 23Mahaney estimates for Google’s first quarter are generally lower than those of his colleagues, and notes that since the exchange rate, net earnings from Google should be a “sharp slowdown”, a decrease of 15% growth during the period from 30% in the last two quarters. Mahaney, however a note to purchase shares of Google, with a price target of $ 450th.

Source: marketwatch.com

Related Post