Google (Nasdaq: GOOG ) is expected to report Q4 earnings on Jan. 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Google's revenues will grow 47.5% and EPS will grow 11.6%.
The average estimate for revenue is $15.61 billion. On the bottom line, the average EPS estimate is $10.60.
Last quarter, Google recorded revenue of $14.10 billion. GAAP reported sales were 45% higher than the prior-year quarter's $9.72 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $9.03. GAAP EPS of $6.53 for Q3 were 22% lower than the prior-year quarter's $8.33 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 53.9%, 1,130 basis points worse than the prior-year quarter. Operating margin was 21.5%, 1,000 basis points worse than the prior-year quarter. Net margin was 15.4%, 1,270 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $52.61 billion. The average EPS estimate is $39.70.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,499 members out of 17,986 rating the stock outperform, and 2,487 members rating it underperform. Among 3,653 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 3,301 give Google a green thumbs-up, and 352 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Google is outperform, with an average price target of $780.54.
Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Google on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.