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Friday, April 16, 2010

Google Trading Lower Despite Better Than Expected Earnings

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Shares of internet search engine giant Google Inc. (GOOG) are trading sharply lower in after hours trading despite posting better than expected earnings for its first quarter.

Going into this afternoon's earnings release analysts had forecast $6.60 per share, with actual earnings coming in better than expected at $6.76 excluding special items.

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Google Trading Lower Despite Better Than Expected Earnings originally appeared on BloggingStocks on Thu, 15 Apr 2010 18:30:00 EST. Please see our terms for use of feeds.

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[Source: BloggingStocks]

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