Sean Stannard-Stockton Discusses Google Earnings on CNBC
Google (officially known as Alphabet) is a long time holding of Ensemble Capital. On Monday, our chief investment officer Sean Stannard-Stockton was interviewed on CNBC’s Squawk Box Asia about Google’s earnings report released that day.
In the clip below, Sean discusses why initial market disappointment in the results is misplaced, the fact that the core advertising business showed another quarter of accelerating growth, and why the apparent missed expectations for earnings per share were clouded by non-operating expenses and in fact came in just fine.
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