Trades and observations from a British contrarian stock investor

This blog is not intended to give financial advice. Before investing, do your own research and consult your financial adviser if appropriate. The accuracy of any information included is not guaranteed and may be subject to conjecture or interpretation by Contrarian Investor. Therefore visitors should validate all facts using alternative sources where possible.

Thursday, January 20, 2011

Google results after the close will point to strength of online ad recovery

Google (GOOG) will post its fourth-quarter results after the closing bell today. Interesting because like Apple it is one of the tech bell weathers on the Nasdaq stock exchange

Analysts expect revenues of $6.1 billion for the quarter (versus $5 billion a year ago) and earnings of $8.06 a share (versus $6.79 a year ago).

Investors will be watching for:
1. Growth in mobile advertising
2. Whether YouTube and other acquisitions are starting to contribute to earnings e.g. DoubleClick
3. Whether costs are being held in check or whether job hiring continues to grow
4. Growth in Adwords.

The stock currently trades at $630, on a forward price/earnings (p/e) of 18.
Posted by Contrarian Investor UK at 6:41 AM
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)