Alphabet A Earnings, Revenue Beat in Q1

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Alphabet A announced earnings per share of $26.29 on revenue of $55.31B. Analysts polled by Investing.com anticipated EPS of $15.66 on revenue of $51.36B.

Alphabet A shares are up 30% from the beginning of the year, still down 1.44% from its 52 week high of $2,324.53 set on April 26. They are outperforming the Nasdaq 100 which is up 8.32% from the start of the year.

Alphabet A shares gained 5.02% in after-hours trade following the report.

Alphabet A’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on revenue of $41.71B, compared to forecasts EPS of $1.78 on revenue of $41.04B.

Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $0.9497 on revenue of $12.77B, compared to forecast for EPS of $0.9247 on revenue of $12.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar