Google reports earnings after the bell today and is continuing its month-long rally trading at 2009 highs and approaching $400. According to Yahoo! Finance, analysts are expecting, $4.93 EPS for Q1. It is notable that average EPS estimate has eroded over the past 30 days while the stock price has been on a tear outpacing the market. For this reason, and some of the whisper bullhorns we’re hearing, it’s probably a good assumption that the market is expecting something over $5.
So while the market appears to be bullish on GOOG, we wanted to get predictions from the StockTwits community; a smattering below:
@Christopher_W: Apr. 16 at 9:53 Don’t feel $GOOG will fly bc the upside is already priced in.
@ari5000: Apr. 16 at 9:54 $$ A lot rests on $GOOG report. It will miss by a lot and finally end tech rally.
@howardlindzon: Apr. 16 at 10:09 I stick with my $goog short and added a little at $285. I can’t see how they break above $400 and the 2006 Youtube congestion.
@supersetoy: Apr. 16 at 10:11 Feeling bearish again on $GOOG. Really if they were doing so well you think they’d be laying off? $AMZN is hiring…
@MissTrade: Apr. 16 at 10:13 Sell the 300 May $GOOG puts vs selling the 460 strike $GOOG calls, collect 6 bucks or so
@A_F: Apr. 16 at 10:13 $GOOG even though analysts brought down numbers – stock running UP into earnings = sell on news (do NOT be long pre release)
@polobruce: Apr. 16 at 10:15 @stocktwits Consumers not spending, Newspaper/magazine sales down $GOOG will feel the effects. I think it goes down as no one is immune.
@jsbduke: Apr. 16 at 10:23 @Stocktwits $GOOG is looking good with a nice upward trend. They scored with the Youtube symphony orchestra, and possibly will own twitter.
@nickfenton: Apr. 16 at 10:53 $GOOG breaking 1 year downtrend and 200 day EMA on pre-earnings rally. Bullish. Analyzing a few options strats. May or may not play it.
@DWCoffin: Apr. 16 at 10:55 $GOOG whispers are 5.00…think it needs to meet or break that to continue to follow through trend
@roberee: Apr. 16 at 11:25 @RTM_ProTrader Sitting this one out. I’m NOT in the $GOOG upside surprise camp.
@CBOE: Apr. 16 at 12:20 Google- $GOOG calls more active than puts; April 390 straddle priced for 4% share price movement into EPS http://bit.ly/jyH96
@ninjamach9: Apr. 16 at 12:21 $goog has a history of sometimes providing little to no guidance. that would spook me if i was in.
@jhstrauss: Apr. 16 at 1:27 PM Betting against $GOOG earnings w/ some April $350 puts…
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