Wall Street is expecting the search giant to report $2.18 in earnings per share following the bell on Wednesday
Google is expected to report earnings following the bell on Wednesday after closing out a quarter of AI-related momentum that has given investors reasons to be optimistic. Wall Street is expecting the search giant to report $2.18 in earnings per share (EPS) on $94bn in revenue.
All eyes will be on how the company’s various AI efforts and investments are faring as Google closes a quarter of considerable growth in the crowded space. Most recently, OpenAI announced it would add Google Cloud to its suite of cloud storage providers for ChatGPT. Analysts are also expecting a favorable outlook on general growing demand for Google’s cloud services.
