Google Beats Wall Street Expectations, but What Are Its Expectations Going Forward?

Google beat Wall Street expectations in its first-quarter earnings, signaling that online advertising spending is back on track. The search giant said net revenue–which excludes traffic-acquisition costs paid to partners–rose to $5.06 billion. Earnings per share rose in the first quarter of 2010 to $6.76, compared with $5.16 in the first quarter of 2009. It was a solid quarter for Google, although not a barn burner, because investors expected it to do better than consensus.

Waiting for the Economy to Bounce Back? So Is Google.

Waiting for the economy to come roaring back? So is Google. The search giant had a decent quarter, but not one that’s going to blow away Wall Street or convince anyone that the economy is roaring back. But it’s an okay performance for a media company in a recession.

Comparing Google, Yahoo and Microsoft Stock: A Bing Zing?

There is no doubt that Microsoft is pulling out the stops with its launch of its renovated search service, now called Bing, with $100 million in marketing dollars. But, besides lifting the software giant’s share of the search market in early surveys, has it also given Microsoft’s stock an added boost? Yes, indeed, but only just over the last 30 days.
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