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Alphabet Q1 2024 Earnings Results & Report

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Alphabet beat analyst expectations on both earnings and revenue in its Q1 2024 results, released April 25, 2024. The company reported EPS of $1.89 versus the $1.49 consensus estimate, while revenue of $80.54 billion topped the $66.04 billion estimate by $14.50 billion.

Earnings Announcement Details

Quarter
Q1 2024
Report Date
Time
After Market Closes

Alphabet EPS Results

Actual EPS
$1.89
Consensus EPS
$1.49
Beat/Miss
Beat by +$0.40
One Year Ago EPS
$1.17
EPS Beat Rate
7 of last 8 quarters

Alphabet Revenue Results

Actual Revenue
$80.54 billion
Expected Revenue
$66.04 billion
Beat/Miss
Beat by +$14.50 billion
YoY Revenue Growth
N/A

Conference Call Resources

Alphabet Q1 2024 Earnings FAQ

Alphabet (NASDAQ:GOOGL) reported earnings of $1.89 per share for Q1 2024, beating the consensus estimate of $1.49. The report was announced on Thursday, April 25, 2024.

Alphabet reported revenue of $80.54 billion for Q1 2024, against a consensus estimate of $66.04 billion.

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About Alphabet

Alphabet (NASDAQ:GOOGL) is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses. The company serves users, advertisers, developers, and enterprise customers worldwide. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

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