Alphabet: Third Quarter 2021 Earnings Preview

Alphabet (NASDAQ: GOOGL) will be reporting its third quarter financial results on October 26th after the markets close. Analysts have a consensus $3,180.04 12-month price target on the company, via a total of 48 analysts, with 17 analysts having strong buy ratings. 30 analysts meanwhile have buy ratings, and 1 analyst has a sell rating on the company. The street high comes from Elazar Advisors with a $4,288.52 price target, and the lowest target sits at $1,850.

31 analysts have revenue estimates for the third quarter. The mean revenue estimate between all 31 analysts is $63.33 billion; this number has been revised upwards from $56.61 billion at the start of April. The highest revenue estimate is $67.87 billion, while the lowest is $56.5 billion.

Onto EBITDA estimates, there are currently 26 analysts who have third-quarter EBITDA estimates. The mean is currently $25.45 billion, with this number having been revised upwards from $21.17 billion at the start of April. The street high estimate currently sits at $30.77 billion in EBITDA and the lowest is $21.85 billion.

Analysts estimate that quarterly earnings per share will come in at $23.48, with this number being revised upwards from $17.54 at the start of April. Street high is $30.67 and the lowest estimate is $19.50 per share for the quarter


Information for this briefing was found via Edgar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

Canopy Growth Sees Consensus Estimates Point To Q1 2023 Revenues Of C$113 Million

Canopy Growth (TSX: WEED will be reporting its fiscal first quarter financial results tomorrow before...

Thursday, August 4, 2022, 11:38:00 AM

Equinox: BMO Lowers Price Target After Second Blockade In Nine Months

On June 22nd, Equinox Gold Corp. (TSX: EQX) announced that there has been illegal blockades set...

Thursday, June 24, 2021, 04:14:00 PM

Eldorado Gold: BMO Anticipates Gold Production Guidance Raise

On October 12th, Eldorado Gold (TSX: ELD) announced their third quarter 2021 preliminary production results....

Wednesday, October 20, 2021, 03:51:00 PM

Curaleaf: Haywood Predicts Slower Growth Into 2022

Curaleaf Holdings (CSE: CURA) announced that they would be reporting their third quarter financial results...

Sunday, October 31, 2021, 02:40:00 PM

BMO: HSBC Canada Acquisition By Big 6 Would Be “Accretive To Safety And Soundness Of The Banking System In Canada.”

Earlier this month, it was reported that HSBC (NYSE: HSBC) was exploring the sale of...

Sunday, October 16, 2022, 11:14:00 AM