Alphabet Inc.’s (GOOG, GOOGL) stock is dropping following its fourth quarter results. The post-earnings drop appears to be more of an overreaction to expectations that may have gotten ahead of themselves. But there was nothing not to like from the results, with robust year-over-year revenue growth and solid operating growth. The slightly weaker revenue results for the fourth quarter may negatively impact those revenue estimates. However, better earnings results could help to lift analysts’ earnings estimates for future years.

Source: Forbes February 04, 2020 00:45 UTC