Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) will release earnings for its first quarter after the closing bell on Wednesday, April 29.
Analysts expect the Mountain View, California-based company to report quarterly earnings of $2.67 per share. That’s down from $2.81 per share in the year-ago period. The consensus estimate for Alphabet’s quarterly revenue is $107.03 billion (it reported $90.23 billion last year), according to Benzinga Pro.
Google will invest $10 billion in AI startup Anthropic, with a potential additional $30 billion tied to performance milestones, according to a report published on Friday.
Shares of Alphabet fell 0.2% to close at $349.78 on Tuesday.
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