Wall Street Frowns at Google's Earnings Report - NBC Bay Area
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Wall Street Frowns at Google's Earnings Report

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    NEWSLETTERS

    Google's earnings report showed the company's numbers were up Thursday but not enough to make investors smile.

    The Mountain View-bases search giant reported a 6 percent gain in fourth-quarter earnings. But while the numbers were up, it missed Wall Street's expectations.

    Instead analysts were expecting earnings of $10.51 per share on net revenue of $8.43 billion, according to estimates from FactSet Research.

    Google delivered $2.71 billion, or $8.22 per share, an increase of 9.2 percent from the same period a year ago, which was $7.81 per share, or $2.54 billion.