Google’s profits didn’t hit analysts estimates

Google’s stock is down about 5% in afterhours trading because its profits didn’t hit the analyst’s estimates. How did I know that? Google’s finance site, of course.

34 thoughts on “Google’s profits didn’t hit analysts estimates

  1. and every other finance site, including finance.yahoo.com (which still works much better than finance.google.com despite that yahoo is rudderless).

    The surprising part was that net income (profit) was DOWN vs 1st quarter. Gross income went up – but expenses went up faster.

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  2. and every other finance site, including finance.yahoo.com (which still works much better than finance.google.com despite that yahoo is rudderless).

    The surprising part was that net income (profit) was DOWN vs 1st quarter. Gross income went up – but expenses went up faster.

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  3. Actually, there is nothing on google’s finance site that says anything about Google’s earnings announcement. It is headlining on every other financial site but is suspiciously missing from Google’s headlines…smells funny to me.

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  4. Actually, there is nothing on google’s finance site that says anything about Google’s earnings announcement. It is headlining on every other financial site but is suspiciously missing from Google’s headlines…smells funny to me.

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  5. I don’t see anything on the google finance page…maybe we’re looking at different pages?

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  6. I like how Scoble’s post implies that Google’s financial site had an exclusive on this story. It’s on every financial site and on cable news as well.

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  7. I like how Scoble’s post implies that Google’s financial site had an exclusive on this story. It’s on every financial site and on cable news as well.

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  8. Scoble’s posting also seems to suggest he was the first and only person to break this news. This was picked up very quickly by everyone…..

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  9. Scoble’s posting also seems to suggest he was the first and only person to break this news. This was picked up very quickly by everyone…..

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  10. Chris: um, you’re pretty clueless if you inferred that. If I was the first to have the news it wouldn’t have been on Google’s Finance site, would it have? And anytime a big company reports financials it hits everywhere all at once.

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  11. Chris: um, you’re pretty clueless if you inferred that. If I was the first to have the news it wouldn’t have been on Google’s Finance site, would it have? And anytime a big company reports financials it hits everywhere all at once.

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  12. Robert – I think you slipped up. Commenting on Google’s earnings is somewhat interseting/relevant…especially since they missed the consensus estimates. But your flippant comment that you found the news on Google’s finance site comes off as odd. Why add that? Are you saying that Google’s finance site is the best? Great. Put that in another posting. Putting it in a posting on their earnings announcement – where the news is that they missed projections – puts you in a bad light. At leat to me.

    Hey, life is tough when you have 100,000 critics watching what you say and looking for BS.

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  13. Robert – I think you slipped up. Commenting on Google’s earnings is somewhat interseting/relevant…especially since they missed the consensus estimates. But your flippant comment that you found the news on Google’s finance site comes off as odd. Why add that? Are you saying that Google’s finance site is the best? Great. Put that in another posting. Putting it in a posting on their earnings announcement – where the news is that they missed projections – puts you in a bad light. At leat to me.

    Hey, life is tough when you have 100,000 critics watching what you say and looking for BS.

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  14. Interestingly, Google’s own sites are occasionally prone to spread some negative PR of the company. And of course that’s the way it should be. In other words, Google lets all the data go through its services unfiltered, no matter how the data affects the company image.

    I’d guess that was the reason Robert mentioned the Finance site.

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  15. Interestingly, Google’s own sites are occasionally prone to spread some negative PR of the company. And of course that’s the way it should be. In other words, Google lets all the data go through its services unfiltered, no matter how the data affects the company image.

    I’d guess that was the reason Robert mentioned the Finance site.

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  16. Oh wow. So Google doesn’t sensor their poor performance results and that makes them somehow praise worthy? I don’t buy it.

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  17. Oh wow. So Google doesn’t sensor their poor performance results and that makes them somehow praise worthy? I don’t buy it.

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  18. No, I was looking at the initial google finance page. Google.com>finance.

    And there was nothing there. Yes, if you typed in GOOG it would bring you to the GOOG specific page that had the earnings information, but there was nothing on the initial page, which is interesting and surprising given the level of news GOOG’s earning report garnered internationally.

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  19. No, I was looking at the initial google finance page. Google.com>finance.

    And there was nothing there. Yes, if you typed in GOOG it would bring you to the GOOG specific page that had the earnings information, but there was nothing on the initial page, which is interesting and surprising given the level of news GOOG’s earning report garnered internationally.

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  20. @15 Actually, I’m not giving them any particular praise. Google’s sites and services just happen to have that inherent feature.

    Most companies can fully control what information is published on their sites, what message their web servers are passing along. Google can not enjoy that privilege.

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  21. @15 Actually, I’m not giving them any particular praise. Google’s sites and services just happen to have that inherent feature.

    Most companies can fully control what information is published on their sites, what message their web servers are passing along. Google can not enjoy that privilege.

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