Just less than hours away from Google, Microsoft and AMD to announce their quarterly earnings respectively, Market Watch reporting that Wall Street expecting for Google to post double-digit gains in quarterly earnings and sales with earnings expected to raised to 15% to $10.04 a share from the same quarter a year back. Revenues are expected to reach $8.41 billion, which excludes the traffic acquisition costs.
Microsoft results are expected at 62 cents a share, which is going to be down 10% from the year-earlier period while the revenue forecast to rise about 5% to $18.15 billion. Analysts are expecting that the tech giant will show stronger performance for its enterprise business entity. The third company, AMD which is also going to announce its quarter results today are expected to report a 22% decline in earnings to 7 cents a share while sales are put on projection to see a fall of 10% to $1.41 billion.
The results are expected after hours, stay tuned with and we will update you accordingly.