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Bartosiak: Trading Google's (GOOGL) Earnings with Options

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On Thursday, October 26th, Alphabet (GOOGL - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.

Dave will look at Google’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Google ahead of earnings.

Google in Focus

Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.

Google is expected to report earnings at $8.43 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 14.12%. They reported earnings at $5.01per share, beating their estimate of $0.62. They have an average earnings surprise of 5.06% over the last 4 quarters.

Alphabet Inc. Price, Consensus and EPS Surprise

Alphabet Inc. Price, Consensus and EPS Surprise | Alphabet Inc. Quote

Bottom Line

How should investors play Google ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.

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