Alphabet Misses Q3 EPS and Revenue Estimates as Shares Fall 10.12%
Alphabet reported third-quarter EPS of $2.12 versus $3.02 consensus and revenue of $127.58 billion versus $128.22 billion. Revenue rose 25%. Shares fell 10.12% in premarket.
Alphabet NASDAQ:GOOGL reported third-quarter EPS of $2.12, below the analysts' consensus of $3.02. Revenue of $127.58 billion also missed the $128.22 billion estimate, Alphabet's first miss on both lines in nearly four years. Alphabet shares fell 10.12% in premarket.Revenue rose 25%, as Google Clou…