Google Inc. (NYSE: GOOG) is scheduled to release fourth-quarter and full-year 2008 results today in a conference call at 4:30 AM Eastern, followed by a Q&A session for analysts. To listen in to the live webcasts, see Google's Webcasts and Events.
Analysts surveyed by Thomson Reuters expect Google to report a fourth-quarter profit of $4.95 per share, up from to $4.43 per share in the year-ago period. Revenues for the quarter are expected to be 21.5% higher than a year ago to $4.1 billion. Google's earnings have beat estimates in three of the past five quarters, by as much as 32 cents per share.
For the full year, analysts expect a $19.33 per share profit (+19.3%) and revenue of $15.8 billion (+35.1%).
The consensus recommendation is to buy GOOG, and long-term EPS growth forecast is 18.7%. The share price is about 47% lower than it was a year ago.
See also Google Q4 earnings preview and BloggingStocks' Google coverage for more information about the company.
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