Alphabet announces earnings after the close. What is expected? What are the technicals?


Alphabet will announce its earnings after the close. Analysts expect Alphabet to report year-over-year growth in both revenue and earnings.

  • FactSet consensus estimates EPS at $2.01, a 6.3% increase from $1.89 a year ago.

  • Revenue is projected at $89.2 billion, up 10.8% from $80.5 billion in the prior year.

Alphabet’s all-time high was reached on February 4, the day of its last earnings report. At that time, the company posted EPS of $2.15, slightly beating estimates of $2.12. However, revenue came in below expectations at $96.47 billion versus the $96.69 billion consensus. Despite the earnings beat, the stock closed at $206.13 that day and opened sharply lower the following morning at $191.08—a 7.3% drop. The selloff deepened over the following weeks, ultimately bottoming at $140.53 on April 7, marking a steep -32.13% decline from the February high.

Since that low, the technical picture has remained weak, with the stock trading below its 200-hour moving average for much of the time—except for seven isolated hourly bars. However, today marks a potential shift in sentiment. Alphabet’s stock has moved back above its 200-hour moving average, currently at $156.93, and has held above that level for five consecutive hours. As of now, the stock is trading at $158.36, up 1.93% on the day.

Technically, holding above the 200-hour moving average keeps the bullish case alive in the short term. A break below that level—and below the 50-hour moving average at $153.42 and the 100-hour moving average at $152.46—would shift the bias back to the downside.

On the upside, the next key resistance target is the April 14 high at $161.72. Beyond that, the 38.2% retracement of the drop from the February high comes in at $165.94, just above the 50-day moving average at $164.61. A break above both would strengthen the bullish outlook and open the door for further recovery.

Intel will report its earnings after the close, with shares rising $0.80, or 3.91%, to $21.40 today. Analysts are expecting the company to

  • Break even on earnings per share ($0.00), with
  • Revenue projected at $12.3 billion.

For comparison, Intel posted EPS of $0.18 and revenuesof $12.72 billion in the same quarter a year ago, indicating a decline in both top- and bottom-line performance.

Year-to-date, Intel shares are up 6.74%, having ended 2023 at $20.05. However, this modest rebound follows a challenging 2024, during which the stock plummeted 60.10% as it lost ground to competitors like Nvidia and AMD. The stock hit a low of $17.67 on April 8 and has since rebounded by 21%, but it remains far below previous highs. For context, Intel traded as high as $69.29 in 2020 and closed December 2023 at $51.28.

Despite the recent bounce, Intel’s long-term recovery remains a work in progress, with market share losses and competitive pressures still weighing on its broader outlook.

Intel hired a new CEO Lip-Bu Tan, who is slashing costs (recently announced another 20% reduction in staff), and looking to shore up the balance sheet by selling existing businesses. As such, this quarter may be a “throw out everything but the kitchen sink” cleansing, before the rise from the ashes.

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.



  • Related Posts

    Economic calendar in Asia 23 May 2025 – Japan inflation data, April
    • May 22, 2025

    High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…

    Continue reading
    Morgan Stanley say Federal Reserve rate cuts may not begin until September
    • May 21, 2025

    Morgan Stanley note says rate cuts from the Federal Open Market Committee (FOMC) may not begin until September 2025 with more to follow in 2026 Morgan Stanley forecast 10 year…

    Continue reading

    Random News

    G7 vows to address global economic ‘imbalances’, considers Russia sanctions | Russia-Ukraine war News

    • By gonews
    • May 22, 2025
    • 1 views
    G7 vows to address global economic ‘imbalances’, considers Russia sanctions | Russia-Ukraine war News

    Bluesky will begin verifying ‘notable’ users

    • By gonews
    • May 22, 2025
    • 1 views
    Bluesky will begin verifying ‘notable’ users

    McLaren Ace Snatches Pole From Verstappen Amid High-Drama Qualifying

    • By gonews
    • May 22, 2025
    • 1 views
    McLaren Ace Snatches Pole From Verstappen Amid High-Drama Qualifying

    Italy-Israel Defense Agreement: Italian Lawyers File Complaint

    • By gonews
    • May 22, 2025
    • 1 views
    Italy-Israel Defense Agreement: Italian Lawyers File Complaint

    Stocks swing to a flat close as bond yields spike on U.S. debt worries

    • By gonews
    • May 22, 2025
    • 1 views
    Stocks swing to a flat close as bond yields spike on U.S. debt worries

    Nicole Brown Simpson’s Sister Compares Diddy Trial to O.J. Simpson Case

    • By gonews
    • May 22, 2025
    • 2 views
    Nicole Brown Simpson’s Sister Compares Diddy Trial to O.J. Simpson Case