Google Inc. reports forth quarter earnings after the close on Thursday, with the results usually released between 4:00pm and 4:15pm ET, followed by volatile after-hours trading.
The current consensus earnings estimate is US$6.44 per share, although Google’s results often require significant adjustments.
Cleve Ruceckert of Birinyi Associates Inc. notes that the compnay has beaten analyst estimates 78% of the time and trades up following these beats. He also pointed out that Google shares are near the bottom of their trading range, which is currently US$573.52.