Alphabet (GOOGL) Rises Higher Than Market: Key Facts

Alphabet ended trading at $347.33, up 1.3% and outperforming the S&P 500's 1.14% gain. The company is expected to report EPS of $2.93 (up 2.09% YoY) and revenue of $111.26 billion (up 27.2% YoY). For the full year, consensus estimates forecast $20.51 EPS and $433.58 billion revenue. Alphabet holds a Zacks Rank #3 (Hold) with a Forward P/E of 16.81, trading at a premium to its industry average of 15.73.