{"id":22348,"date":"2011-07-14T21:55:52","date_gmt":"2011-07-15T01:55:52","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=22348"},"modified":"2011-07-14T21:55:52","modified_gmt":"2011-07-15T01:55:52","slug":"google-shares-soar-after-q2-earnings-report-tops-expectation","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/07\/14\/google-shares-soar-after-q2-earnings-report-tops-expectation\/","title":{"rendered":"Google Shares Soar After Q2 Earnings Report Tops Expectation"},"content":{"rendered":"<p>Google (NASDAQ:GOOG) reported Q2 EPS of $8.74, beating consensus estimates of $7.86. Revenues rose 36% year-over-year to $6.92 billion, better than analyst expectations of $6.55 billion. Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of Google&#8217;s AdSense partners, increased approximately 18% over the Q2 of 2010. Larry Page, CEO of Google said, &#8220;We had a great quarter, with revenue up 32% year on year for a record breaking over $9 billion of revenue. I&#8217;m super excited about the amazing response to Google+ which lets you share just like in real life.&#8221; Shares of the company are trading up over 10% to $585.75 in after hours trade. Google has a potential upside of 34.3% based on a current price of $528.94 and an average consensus analyst price target of $710.34.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google (NASDAQ:GOOG) reported Q2 EPS of $8.74, beating consensus estimates of $7.86. Revenues rose 36% year-over-year to $6.92 billion, better than analyst expectations of $6.55 billion. Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of Google&#8217;s AdSense partners, increased approximately 18% over the Q2 of 2010. Larry &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/07\/14\/google-shares-soar-after-q2-earnings-report-tops-expectation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Google Shares Soar After Q2 Earnings Report Tops Expectation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22348","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22348"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}