Why did Alphabet fail to meet analysts’ expectations in Q1?

Why did Alphabet fail to meet analysts’ expectations in Q1?

7 years ago
Anonymous $9jpehmcKty

https://tech.newstatesman.com/business/google-q1-results

Alphabet, Google’s parent company, reported a profit in the first three months of 2019 that sagged under the weight of a hefty antitrust fine from the European Commission (EC).

The tech giant reported revenue of $36.3bn and $9.50 earnings per share in Q1, less than investors had expected after analysts predicted sales of $37.34bn, amounting to $10.58 per share.