Q2 Earnings Preview from the Tech Behemoths: Google and Microsoft

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HFA Staff
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Google Inc (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT) report after the bell. Google, the world’s no 1 search engine is expected to report robust quarterly results notwithstanding having to absorb charges relating to its $12.5 billion acquisition of Motorola Mobility Holdings Inc (NYSE:MMI) and, of course, the competition from Apple Inc. (NASDAQ:AAPL). A Reuters survey of analysts puts expectations of net income at $3.34 billion, up 17 percent and translating to $10.05 a share, while revenue is expected to rocket upwards of 20 percent to $8.41 billion. However, the word on the street is that EPS could be higher at $10.53. Google Inc (NASDAQ:GOOG) may also announce a likely date…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.