Google’s Earning Set For Thursday: Will It Be Google’s 1st Down Quarter?

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With Google scheduled to report earnings after the close of the market on Thursday, the question is will this be Google’s first down quarter?

Yes amazingly, since going public in August 2004, Google has never had a down quarter; a quarter in which  its gross revenue was lower the previous quarter.

However, according to TechCrunch at least one analyst, J.P. Morgan’s Imran Khan predicted that Google’s revenues will decline 2% from last year,  13% from last quarter and earnings per share will decline 5.5 % from $5.04 to $4.76.

Mr. Khan seems to be relying heavily on February’s comScore numbers showing declines in U.S. search activity (measured in query volume) and his “”own checks with search-engine marketers”” in concluding that commercial-oriented searches took a hit during the quarter.

“””Finally, Khan believes that about 20 percent of Google advertisers will cut back their spending as a result of tighter credit markets and the general economic downturn.””

Every quarter there seem to be a lot of good indications that Google numbers will be down or their growth slowed and almost every quarter the experts seem to underestimate Google’s performance.

It will be interesting to see who gets it right this time.

Certainly for domainers the better Google earnings are, the better for domainer.

If Google’s profits get squeezed, domainer will get squeezed out the other end.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Johnny says

    Google’s payouts on a whole to domainers is already so much lower than Yahoo’s (in my experience) that any less and they will be giving away our traffic for free.

  2. Free Credit Scores says

    I think that we shall see google earnings the same.

    I dont expect it too increase and I dont think it shall have dropped but I think the 2nd qtr shall show a decline.

    This year we shall see some advertisers cut back and obviously we have seen many companies have gone bust.

    But also many are starting to realise the power of going online and want to grow through this depression.

    So lets wait and see but I expect that we shall see level earnings with no growth.