Investing.com - Alphabet A (NASDAQ:GOOGL) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alphabet A announced earnings per share of $27.26 on revenue of $61.88B. Analysts polled by Investing.com anticipated EPS of $19.24 on revenue of $56.19B.
Alphabet A shares are up 50% from the beginning of the year and are trading at $2,708.2 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 16.05% from the start of the year.
Alphabet A shares gained 2.64% in after-hours trade the report.
Alphabet A follows other major Communication Services sector earnings this month
Alphabet A's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.26 on revenue of $61.88B, compared to forecasts EPS of $19.33 on revenue of $56.19B.
Verizon had beat expectations on Wednesday, July 21, 2021 with second quarter EPS of $1.37 on revenue of $33.8B, compared to forecast for EPS of $1.3 on revenue of $32.77B.
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