Monday, January 23, 2006
Anxiety Surrounds Upcoming Google Report - BizReport:
"Yahoo's financial results provide a clue about how Google fared during the same quarter because the two adversaries run the Internet's two largest advertising networks.
Yahoo! Inc. salesman Jason Daley holds up a Yahoo! basketball at the company store at their headquarters in Sunnyvale, Calif., Tuesday, Jan. 17, 2006. Yahoo Inc. will provide the first concrete information about how much more advertising shifted to the Internet during the holiday shopping season. (AP Photo/Paul Sakuma)
As advertisers have been shifting more money online, the earnings expectations and stock prices for both Yahoo and Google have been steadily rising.
Yahoo nearly doubled its fourth-quarter profit to $683 million, but its earnings per share _ excluding some unusual accounting expenses _ still fell a penny below analyst estimates.
Some analysts think there's a chance Google will also disappoint investors when it releases its fourth-quarter results Jan. 31, given that investors are anticipating even more rapid growth from the Mountain View, Calif. company..."
"Yahoo's financial results provide a clue about how Google fared during the same quarter because the two adversaries run the Internet's two largest advertising networks.
Yahoo! Inc. salesman Jason Daley holds up a Yahoo! basketball at the company store at their headquarters in Sunnyvale, Calif., Tuesday, Jan. 17, 2006. Yahoo Inc. will provide the first concrete information about how much more advertising shifted to the Internet during the holiday shopping season. (AP Photo/Paul Sakuma)
As advertisers have been shifting more money online, the earnings expectations and stock prices for both Yahoo and Google have been steadily rising.
Yahoo nearly doubled its fourth-quarter profit to $683 million, but its earnings per share _ excluding some unusual accounting expenses _ still fell a penny below analyst estimates.
Some analysts think there's a chance Google will also disappoint investors when it releases its fourth-quarter results Jan. 31, given that investors are anticipating even more rapid growth from the Mountain View, Calif. company..."
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