Google just released its Q4 earnings report today, and some investors may be a little less than pleased. The tech giant finished with less growth than originally predicted, but still managed to bring in a revenue of $18.1 billion and earnings per share of $6.88. The net income was $4.76 billion, which is also an improvement over $3.38 billion from Q4 last year. The full year brought in $66 billion for Google, up 19% from 2013; this includes the sale of Motorola to Lenovo.
Just how much did Google underperform in Q4 when compared to predictions, you may ask? Wall Street expected a revenue of $18.5 billion, so about 2% under. A worse stat was the earnings per share of $6.88 instead of the predicted $7.13—under by 3.5%.
While there could be many explanations to the results (Google frequently underperforms when compared to estimates), we won’t know anything more conclusive until Google releases more info about the specifics.
Do you own Google stock? Let us know what you think about everyone’s favorite tech company’s latest results in the comment section to get the conversation going.
Source: Google
Come comment on this article: Google Finishes Short of Q4 Expectations, Grows 19%
