Benchmark Reports Google Conference Call
According to Benchmark, Google (NASDAQ: GOOG) is scheduled to report 1Q11 on Thursday with a conference call at 4:30.
Benchmark reported that street consensus for 1Q net revenue and EPS are $6.4 billion and $8.13 for 27% and 20% y/y growth. “We believe Google will report in-line with consensus as search trends remained strong in the quarter. With the stock down recently, and trading at only 10x and 17x 2011E EBITDA and EPS, we remain bullish.”
Google closed yesterday at $578.16.
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