There’s always a chance that Google delivers something other than a monster Q4 this afternoon. But that is really going to mess with Wall Street, which is expecting epic stuff, All Things Digital said.
Earlier this month, investors pushed Google shares up past $670 – the highest they’ve ever been. They’ve since pulled back a bit, but not for performance reasons: The Street still expects Google to post net revenue of around $8.4 billion – that’s up about 30 percent over the previous year – and earnings of around $10.46 a share – up about 20 percent.
If there are questions out there about Google, the Street seems to think they’re about what could happen – government regulation, a misstep with the $12.5 billion Motorola Mobility deal, etc – than what just happened over the last three months.
Analysts who’ve been listening to search marketers say they don’t see any real signs of slowdown over the last quarter, even as other ad businesses have been roughed up.
