Google Spending Impact On Q3 Profit Margins Eyed

By | October 15, 2014

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Google is expected to show robust growth in its core business when it posts Q3 earnings late Wednesday, but analysts say that heavy spending could slam Google’s margins. Analysts expect that Google’s (GOOGL) Q3 EPS ex items will rise 22% to $6.53 vs. $5.37 in the year-earlier quarter, according to Thomson Reuters, with figures reflecting Google’s 2-for-1 stock split this year. The new figures would be down from 23% in Q2. Google’s sales excluding Scalper1 News

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