GOOGL Fueled S&P 500 Q2 EPS Growth, but Carson Research Says Its Blowout Quarter Came With a Catch
Alphabet juiced S&P 500 Q2 EPS growth by 12 points, but Carson Research warns a $98B paper gain is masking a decline in core operations.
Google's earnings looked really strong, but part of that success came from a one-time money gain, not from their regular business getting better. When you check on a company, look at whether the good news comes from everyday work or from special one-time events.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.
