Complete Online Trading » International Markets http://www.completeonlinetrading.com The Complete Online Investing and Trading Blog Tue, 01 Nov 2011 17:17:56 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Google Delivers Spectacular Results http://www.completeonlinetrading.com/index.php/2007/02/google-delivers-spectacular-results/ http://www.completeonlinetrading.com/index.php/2007/02/google-delivers-spectacular-results/#comments Fri, 02 Feb 2007 10:18:24 +0000 admin http://www.completeonlinetrading.com/?p=7 Internet search and advertising firm Google has delivered yet another quarter of phenomenal growth. Declaring its results on Thursday, Google reported a growth of 176% in net earnings. Its net profit for 2006 Q4 jumped to $1.03 billion from $372.2 million in 2005 Q4.

Total revenues jumped from US$ 1.92 billion to $3.2 billion in the last quarter.

The quarterly earnings per share stood at 3.29$ compared to 1.22$ in 2005.

However some analysts pointed out that tax benefits were a major factor because of which Google beat street expectations. According to analyst Rob Sanderson, Google’s earnings without the tax benefits would have been $2.99 per share…just above $2.92 estimated by analysts.

The stock ended 4% lower at $481.75. Maybe investors expected Google to beat street estimates by a even larger margin.

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