Google is expected to beat consensus estimates when it announces third-quarter financial results after the bell Oct. 15. Bernstein Research said it expects Google to beat consensus expectations modestly, raking in earnings per share of $5.44, compared with Wall Street’s consensus of $5.36. Broadpoint AmTech analyst Benjamin Schachter said channels checks showed that Google’s core search advertising business reaccelerated in Q3. Financial analysts will also likely be looking for more guidance on Google’s efforts to make money from mobile search and display ads shown on YouTube.
– The online advertising world, languishing since late 2008, will turn its lonely eyes to Google Oct. 15, when the search giant is expected to announce third-quarter earnings after the bell.
Bernstein Research said it expects Google to beat consensus expectations modestly, raking in earnings per shar…