Earlier: Google (GOOG) is reporting Q3 earnings after the market closes today.
We’ll be covering all the action live, so tune in here around 4PM ET. In the meanwhile, here’s a preview of what’s to come.
Mark Mahaney at Citi is calling for a “neutral-to-negative” quarter, which is the general consensus.
The most important thing he’s looking for is “U.S. Revenue growth greater than 24% Y/Y or 6% Q/Q.” This “would confirm Q2’s acceleration point and support the Bull thesis that Search format innovations, Mobile, YouTube & Display Ad Networks have become material enough to change GOOG’s revenue growth.”
Key consensus estimates:
- Q3 net revenue: $5.25 billion.
- Non-GAAP Operating Income: $2.77 billion.
- Non-GAAP EPS: $6.67
Here’s Mark Mahaney’s cheat sheet on Google’s earnings. Click here, or on the image for a bigger version.
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