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Google earnings expected to rise

Thu, 18th Oct 2012
FYI, this story is more than a year old

Google is expected to report rising profits and revenue when releasing their third-quarter results later today.

Experts believe the internet search engine will report per-share earning up 9.6% on sales up 58%, with Wall Street expecting a revenue rise of US$11.86 billion, up from $7.51 billion in the year-earlier quarter.

The company will hold its quarterly conference call to discuss third quarter 2012 financial results this morning at 9:30am NZ Time.

The live webcast of Google’s earnings conference call can be accessed at investor.google.com/webcast.html with full details to follow on TechDay.

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