Google profit misses Street target [down almost 70 points in after-hours trading] - GoFuckYourself.com

spunkmaster · 01-31-2006, 03:22 PM

Google profit misses Street target

25 minutes ago

Web search and Internet stock phenomenon Google Inc. (Nasdaq:GOOG - news) on Tuesday posted a profit that missed Wall Street targets due largely to a higher than expected tax rate, sending its shares down as much as 19 percent in after hours trade.

Net income for the fourth quarter rose to $372.2 million, or $1.22 per diluted share, from the year earlier quarter's $204.1 million, or 71 cents a share. Gross revenue grew 86 percent to $1.92 billion as advertising revenues soared.

The consensus Wall Street prediction for net profit was $1.51 per share, according to Reuters Estimates.

Shares of Google later recovered slightly to $370, a loss of 15 percent, in volatile trading.

spunkmaster · 01-31-2006, 03:24 PM

http://finance.yahoo.com/q/ecn?s=goog

jjjay · 01-31-2006, 03:49 PM

sell sell sell!

ssp · 01-31-2006, 04:03 PM

buy buy buy!

gfx3 · 01-31-2006, 04:08 PM

Let's see what happens in the morning. Glad I'm not in it. Stocks are to risky.

EroticySteve · 01-31-2006, 04:16 PM

Catch a wave and you'll be sittin on top of the world.

warlock5 · 01-31-2006, 09:19 PM

Probably will be a sideways ride until the next quarter.. and then, back up or straight down.

woj · 01-31-2006, 09:37 PM

They missed their profit expectatiosn by a mile... this could be a start of a downward ride back to $200...

01-31-2006, 03:22 PM	#1
spunkmaster Confirmed User Join Date: Jan 2004 Posts: 2,052	Google profit misses Street target [down almost 70 points in after-hours trading] Google profit misses Street target 25 minutes ago Web search and Internet stock phenomenon Google Inc. (Nasdaq:GOOG - news) on Tuesday posted a profit that missed Wall Street targets due largely to a higher than expected tax rate, sending its shares down as much as 19 percent in after hours trade. Net income for the fourth quarter rose to $372.2 million, or $1.22 per diluted share, from the year earlier quarter's $204.1 million, or 71 cents a share. Gross revenue grew 86 percent to $1.92 billion as advertising revenues soared. The consensus Wall Street prediction for net profit was $1.51 per share, according to Reuters Estimates. Shares of Google later recovered slightly to $370, a loss of 15 percent, in volatile trading. __________________

01-31-2006, 03:24 PM	#2
spunkmaster Confirmed User Join Date: Jan 2004 Posts: 2,052	http://finance.yahoo.com/q/ecn?s=goog __________________

01-31-2006, 04:08 PM	#5
gfx3 Confirmed User Join Date: Nov 2005 Posts: 1,685	Let's see what happens in the morning. Glad I'm not in it. Stocks are to risky. __________________ Last edited by gfx3; 01-31-2006 at 04:10 PM..

01-31-2006, 04:16 PM	#6
EroticySteve Confirmed User Join Date: Mar 2005 Location: The Sunshine State Posts: 4,365	Catch a wave and you'll be sittin on top of the world. __________________ You deserve to make more money. I'll help you do that. Our affiliates earn up to $3/email or $107/sale email steve <at> eroticy.com - icq 290153464

01-31-2006, 09:37 PM	#8
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	They missed their profit expectatiosn by a mile... this could be a start of a downward ride back to $200... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-31-2006, 03:49 PM	#3
jjjay Registered User Join Date: Jun 2005 Posts: 1,813	sell sell sell!

01-31-2006, 04:03 PM	#4
ssp Confirmed User Join Date: Jan 2005 Location: United Kingdom Posts: 7,990	buy buy buy!

01-31-2006, 09:19 PM	#7
warlock5 Confirmed User Join Date: Jan 2004 Location: Uranus Posts: 2,808	Probably will be a sideways ride until the next quarter.. and then, back up or straight down.