Erality of Alphabet Q4 2024 earnings
Sundar Pichai, Executive Director of Google and Alphabet, participates in the inauguration of the new center in the French dedicated artificial intelligence sector, at the Google France in Paris, France, February 15, 2024.
Gonzalo Fuentes | Reuters
Google Care Company Alphabet has been set up to report their results in the fourth quarter After the bell on Tuesday.
Here are the numbers that Wall Street will watch:
- Income: 96.56 billion dollars expected by LSEG
- Earnings per share: $ 2.13 expects LSEG
Here are additional estimates, according to the Streetaccount:
- YouTube revenue from advertising: $ 10.23 billion
- Google Income in the Cloud: $ 12.19 billion
- Traffic acquisition cost (TAC): $ 15.01 billion
Wall Street will seek alphabet to report revenue growth of 11% after a Year filled with pressure This included the announcements of artificial intelligence, product accidents and regulatory litigation.
In the fourth quarter, Alphabet gave a series of announcements related to Waymo, showing confidence in his ability to commercialize his company for an independent ride faster.
Waymo’s Robotaxi Service is now operating in Los Angeles, San Francisco and Phoenix, covering more than 500 square kilometers of public roads. In December, the company announced that it plans to launch its commercial service in Austin, Texas, And through Uber app in Austin and Atlanta 2025. The company also announced that it would start testing Waymo in Tokyo, First international expansion.
During the third quarter, new Said Cinem Director Anat Ashkenazi She wanted to “push a little further” with cost savings throughout the company because Google expands consumption on artificial intelligence infrastructure 2025. Employees. Press the executives For details about the reduction of costs in December, and in January are began to circulate An internal petition called “job safety,” CNBC reported.
In front of the expected cuts, Google Last week, he started offering buy -up to US employees in his platform and device unit. This unit includes more than 25,000 full -time employees working on Android, Chrome, Chromeos, Google Photos, Google One, Pixel, Fitbit and Nest.
The alphabet also continued to deal with the litter of antitrust’s procedure during the fourth quarter.
The Ministry of Justice in November called Google to Take away your chrome browser, after August verdict that the company has a monopoly on the search market. The impression said in submission That compulsion of a company to get rid of Chrome – basically, breaking the company – it would create an equally more equal playground for the search competitors.
Google leaders held a a 2025. Meeting of the Strategy With employees in December, setting the stage for one year of expected increase in competition, regulatory obstacles and progress in AI.
“It is really important that we internalize the urgency at this moment and we must move faster as a company,” said Sundar Pichai CEO. “The roles are high.”
In January, Alphabet The shares closed for the first time in the amount of $ 200 per share, as investors are increasingly rising to the company’s capabilities, but after the occurrence Deepseek Last month, Wall Street will wait for any comment on the administration about how the Chinese participant could influence his AI strategy.