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NEW YORK, NEW YORK - JANUARY 09: The exterior of the new headquarters of Google is seen at 550 Washington Street in Hudson Square on January 09, 2024 in New York City. Designed by COOKFOX Architects, the 1.3-million-square-foot project involved the restoration and expansion of the St. John’s Terminal building along the Hudson River waterfront. (Photo by Michael M. Santiago/Getty Images) Getty Images Alphabet is scheduled to report earnings after Wednesday’s close. The stock ($GOOGL) just hit a record high of $273 and is currently trading near that level. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: Earnings Preview The company is expected to report a gain of $2.26/share on $99.96 billion in revenue. Meanwhile, the so-called Whisper number is a gain of $2.31/share. The Whisper number is the Street’s unofficial view on earnings. A Closer Look At The Fundamentals The company has seen up and down earnings over the last few years. In 2020, the company made $2.64/share. In 2021, earnings jumped to $5.00. Then, earnings slid to $4.72 in 2022. Then, earnings grew to $5.74 in 2023. In 2024, the company earned $7.79/share and in 2025 earnings are expected to grow to $9.90/share. In 2026, earnings are expected to grow to $10.77/share. The stock sports a price to earnings (P/E) ratio of only 31 which is around 1.3x the benchmark S&P 500. Charts & Data Courtesy of MarketSurge Inc. Charts & Data Courtesy of MarketSurge Inc. MORE FOR YOU A Closer Look At The Technicals Technically, the stock is acting extremely well and is currently trading at a fresh record high. It just had a massive run from its $140.53 low in April 2025. The stock is trading above its 50 and 200-day moving average lines (DMA), which are the next levels of support to watch. Typically, these are all healthy signs. The bulls want to see the stock gap up and continue to rally after earnings. Meanwhile, the bears want to see it gap down and fall. Company History Alphabet Inc., the parent company of Google, was established in 2015 as part of a corporate restructuring to better manage Google's diverse ventures. Google, founded in 1998 by Larry Page and Sergey Brin at Stanford University, had grown from a search engine into a global technology powerhouse with products like Android, YouTube, and Google Cloud. The creation of Alphabet allowed Google to focus on its core internet services while enabling other subsidiaries, such as Waymo (autonomous vehicles), Verily (healthcare), and Calico (biotech), to operate independently. This structure provided greater transparency and accountability for Alphabet's wide-ranging projects while fostering innovation across various industries. Under the leadership of Sundar Pichai, who became CEO of Google in 2015 and later Alphabet in 2019, the company has continued to thrive as one of the world's largest technology conglomerates. Alphabet’s revenue is primarily driven by Google’s advertising business, but YouTube and Google Cloud also contribute significantly. The company has made major advancements in artificial intelligence, cloud computing, and autonomous technologies. With a market capitalization over $2 trillion, Alphabet remains a dominant force in the tech industry, balancing its core business with ambitious "moonshot" projects that aim to reshape the future of technology and society. Company Profile Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. Pay Attention To How The Stock Reacts To The News From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape. Disclosure: The stock has been featured on FindLeadingStocks.com. Editorial StandardsReprints & Permissions