Investing.com - Alphabet A (NASDAQ:GOOGL) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alphabet A announced earnings per share of $27.99 on revenue of $65.12B. Analysts polled by Investing.com anticipated EPS of $23.75 on revenue of $63.47B.
Alphabet A shares are up 58% from the beginning of the year and are trading at $2,795.0 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 20.73% from the start of the year.
Alphabet A shares gained 0.38% in after-hours trade the report.
Alphabet A follows other major Technology sector earnings this month
Alphabet A's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
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