Alphabet Set To Report Strong Q2 Results With Increased Search Revenue: Analyst Bullish On Google Parent Flags 3 Things That Will Be On His Radar
Alphabet Set To Report Strong Q2 Results With Increased Search Revenue: Analyst Bullish On Google Parent Flags 3 Things That Will Be On His Radar
Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is scheduled to release its second-quarter results after the market close on Tuesday, and ahead of the release, a bullish analyst reiterated his positive stance. The Google parent is the first AI stalwart to report this earnings season and therefore, all eyes will be riveted on the report.
Alphabet公司（納斯達克:谷歌）將於週二股市收盤後發佈其第二季度業績，一位看好的分析師重申了他的積極態度。作爲第一個發佈本季度業績的人工智能巨頭，谷歌母公司將受到所有關注。
Analysts, on average, expect the company to report earnings of $1.85 per share compared to the year-ago's $1.44, and revenue of $84.20 billion versus last year's $74.60 billion.
平均而言，分析師們預計該公司每股收益爲1.85美元，去年同期爲1.44美元，營業收入爲842億美元，去年爲746億美元。
The Alphabet Analyst: Wedbush analyst Scott Devitt reiterated an Outperform rating and $205 price target for the stock.
Wedbush分析師Scott Devitt爲這支股票重申了跑贏市場評級，並設定了205美元的目標價。
The Alphabet Thesis: "The setup remains positive heading into 2Q results," said Devitt, citing findings from the firm's ad survey and agency commentary that pointed to continued strength for Google Search. The analyst said he raised his Google Search revenue growth estimate from 12% to 12.8% to $47.75 billion. Sequentially search revenue is now expected to see a more modest sequential deceleration in growth, he added.
“目前情況對2Q結果仍然保持積極態度，”分析師Devitt表示，他引用了公司廣告調查結果和機構評論，指出谷歌搜索仍然保持強勢。分析師稱他將谷歌搜索的營收增長預估從12%上調至12.8%，即477.5億美元。此外，他補充道，搜索營收的季度環比增長現在預計將出現更溫和的減速。
The survey results have increased conviction in spending intent for the full year, the Wedbush analyst said.
Wedbush分析師表示，調查結果增強了對全年支出意向的信心。
Devitt expects operating income to exceed consensus estimates by about 2%. "With cost controls still in place, we expect continued operating margin expansion in 2Q," he said, adding that operating margin will likely come in at 31.7% versus the 31.1% consensus estimate.
Devitt預計，運營收入將超出約2%的共識預期。他說：“由於成本控制仍然有效，我們預計2Q的營業利潤率將繼續擴大。”他補充道，營收利潤率預計將達到31.7%，高於31.1%的共識預期。
The analyst said the chances of seeing a negative surprise related to spending are relatively low in the second quarter as the increased capital intensity is better understood and estimates for depreciation & amortization and capex have risen materially following guidance last quarter.
分析師表示，在第二季度看到與支出相關的負面意外的可能性相對較低，因爲人們更好地理解了增加的資本密集度，而在上一季度的指引後，折舊和攤銷以及資本支出的預估已經明顯上升。
Devitt said he would focus on the following:
分析師表示他將關注以下問題：
- operating expense and CapEx growth related to AI investments
- 2H advertising growth as comps become more challenging
- ongoing monetization of AI services within the cloud unit
- 與人工智能投資有關的運營支出和資本支出增長
- 2H廣告增長，因爲同店銷售對比變得更加具有挑戰性
- 雲計算部門內人工智能服務的持續變現
Alphabet Price Action: Alphabet's Class A shares listed on the Nasdaq rose 1.43% to $180.20 in premarket trading on Monday, according to Benzinga Pro data. The stock is up over 27% for the year-to-date period.
Alphabet的A類股票在納斯達克上漲了1.43%，報180.20美元。截至今年年初，該股票上漲了超過27%。
- Google Parent Alphabet's Q2 Expected To Shine With AI, YouTube Shorts, Cloud Strength: Analyst
- 分析師預計，谷歌母公司Alphabet的第二季度將以人工智能、YouTube Shorts和雲技術實力爲亮點。
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