. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion. Wall Street expected earnings per share of $10.61 on revenue of $37.33 billion, according to analysts surveyed by Refinitiv.
Google said its paid clicks are up 39% year-over-year while cost per click is down 19% from the year-ago quarter. Traffic acquisition costs came in at $6.86 billion, better than the estimated $7.26 billion per FactSet.shares dipped 2% after the bell Monday after posting first-quarter EPS numbers that missed expectations. Earnings per share were 5 cents, compared to the 21 cents forecast by analysts. The hospitality company earned $3.18 billion in revenue, topping estimates of $3.
Yum China's same-store sales increased 4%, compared to the expected increase of 1.8%. KFC same-store sales rose 5%, topping analysts' estimates of 2.3% growth. Pizza Hut same-store sales increased 1%, compared to the expected 0.2%.shares fell more than 4% after hours Monday after posting third-quarter earnings that missed estimates on the top and bottom lines. The computer company earned $3.67 billion in revenue, missing estimates of $3.68 billion.
Source: News Formal (newsformal.com)
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