GOOG shares are taking a pummeling in after-hours trading, dropping as much as nine percent upon the release of Google’s Q4 earnings report.
Things aren’t that bad at Google, they still made a ridiculous lot of money. It just wasn’t as ridiculous as Wall Street expected, missing estimates for both net revenue and earnings per share.
After all, the company did pull in $3.39 billion in net revenue and posted $4.43 earnings per share. Analysts expected more though, to the tune of $3.45 billion net, and $4.45 earning per share.
