Alphabet (GOOGL) reports earnings, stock drops on revenue miss

Results: <a href="https:&#x2F;&#x2F;abc.xyz&#x2F;assets&#x2F;91&#x2F;b3&#x2F;3f9213d14ce3ae27e1038e01a0e0&#x2F;2024q1-alphabet-earnings-release-pdf.pdf" rel="nofollow">https:&#x2F;&#x2F;abc.xyz&#x2F;assets&#x2F;91&#x2F;b3&#x2F;3f9213d14ce3ae27e1038e01a0e0&#x2F;20...</a><p>10-Q: <a href="https:&#x2F;&#x2F;www.sec.gov&#x2F;Archives&#x2F;edgar&#x2F;data&#x2F;1652044&#x2F;000165204424000053&#x2F;goog-20240331.htm" rel="nofollow">https:&#x2F;&#x2F;www.sec.gov&#x2F;Archives&#x2F;edgar&#x2F;data&#x2F;1652044&#x2F;000165204424...</a><p>All the numbers look pretty good at first glance (revenues up 15% YoY from $70B to $81B, operating income up from $17B&#x2F;25% margin to $25&#x2F;32% margin), EPS up from $1.17 to $1.89), but obviously Wall Street expected even more so now the stock is tanking.

Earnings release PDF: <a href="https:&#x2F;&#x2F;abc.xyz&#x2F;assets&#x2F;a3&#x2F;91&#x2F;6d1950c148fa84c7d699abe05284&#x2F;2024q4-alphabet-earnings-release.pdf" rel="nofollow">https:&#x2F;&#x2F;abc.xyz&#x2F;assets&#x2F;a3&#x2F;91&#x2F;6d1950c148fa84c7d699abe05284&#x2F;20...</a>

9% drop after hours on this news? Seems like an overreaction. But what do I know?

revenues didn&#x27;t miss predictions, predictions missed revenues