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Google Parent Alphabet's Stock Falls Despite Better-Than-Expected Earnings - The Wall Street Journal

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Google Parent Alphabet’s Stock Falls Despite Better-Than-Expected Earnings

Alphabet's stock is up more than 50% this year through Monday.

Alphabet's stock is up more than 50% this year through Monday. (Marlena Sloss/Bloomberg News)

Google parent Alphabet’s shares (GOOG, GOOGL) declined about 5% postmarket Tuesday after the tech giant released quarterly earnings results. Here's the Journal's full coverage of the results.

Here is what Alphabet reported, versus FactSet consensus estimates:

Revenue of $76.69 billion, versus $75.955 billion

Net income of $19.69 billion, versus $18.52 billion expected

Earnings of $1.55 per share, versus $1.45 per share expected

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Google Parent Alphabet's Stock Falls Despite Better-Than-Expected Earnings - The Wall Street Journal
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