Analysts cited by BlockBeats expect Alphabet to report fiscal third-quarter revenue of $127.833 billion, up 24.9% year over year, and net profit of $37.334 billion, up 6.73%. The company was scheduled to report after the U.S. market close on Oct. 28.
Cloud and TPU execution remain the focus
The preview said Google Cloud growth and the ramp-up of external TPU supply still need to be verified. Investors are also expected to focus on Alphabet’s 2027 capital-spending guidance and the possibility of negative free cash flow.
JPMorgan raised its Google Cloud growth forecast from 88% to 100%. Deutsche Bank expected relatively healthy search growth, while HSBC Research forecast a 44.5% operating margin and 35% year-over-year GAAP EBIT growth. These are forward-looking estimates, not reported results. Read the English BlockBeats flash (original Chinese: BlockBeats flash).