Investing.com - Alphabet A (NASDAQ:GOOGL) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alphabet A announced earnings per share of $30.69 on revenue of $75.33B. Analysts polled by Investing.com anticipated EPS of $27.65 on revenue of $72.19B.
Alphabet A shares are down 4% from the beginning of the year and are trading at $2,946.79 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 7.97% from the start of the year.
Alphabet A shares gained 7.04% 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 $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.78 on revenue of $72.19B.
Comcast had beat expectations on Thursday with fourth quarter EPS of $0.77 on revenue of $30.34B, compared to forecast for EPS of $0.7301 on revenue of $29.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar