Google’s Q2 earnings miss estimates for revenue, profit

google-logo1While Google’s stock hit an all-time high earlier this week, the search giant’s second quarter earnings posted Thursday came up short of analyst estimates both for revenue and profit.

Wall Street predicted that the company would report second-quarter earnings per share (EPS) of $10.78 on revenue of $14.45 billion. However, Google actually posted non-GAAP earnings per share of $9.56 on revenues of $14.11 billion, which is up 19 percent year-over-year.

Google’s shares were down almost 5 percent in early after-hours trading. The company’s earnings call will start at 1:30 p.m. PST and you can listen here:

  • Patrick Husting

    Google misses earnings because I turned off my CPC because of all the scamming click fraud on it! News at 10:00 – http://ow.ly/n6xLm