Google (GOOG) Whacked on Possible Q2 Top-Line 'Miss'
Tweet Send to a Friend
Get Alerts GOOG Hot Sheet
Price: $882.79 -0.75%
Rating Summary:
40 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
40 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade GOOG Now!
Shares of Google Inc. (Nasdaq: GOOG) are lower as analysts see a 'miss' on the top line for the upcoming second quarter report due to F/X headwinds, changes in TAC and MMI-related noise.
Analysts at Bernstein sees Q2 revenues ex-TAC of $7.83 billion, which is below the consensus of $8.44 billion.
The firm said any weakness on an F/X-related miss would be a buying opportunity.
Shares of GOOG last traded down 1.6 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analysts at Bernstein sees Q2 revenues ex-TAC of $7.83 billion, which is below the consensus of $8.44 billion.
The firm said any weakness on an F/X-related miss would be a buying opportunity.
Shares of GOOG last traded down 1.6 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Hewlett-Packard (HPQ) Q2 Performance Wins Praise on Wall Street; Jefferies Raises to Hold
- Topeka Capital Starts Atmel (ATML) at Buy
- Topeka Capital Starts Spansion (CODE) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Trader Talk
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
