BUSINESS

Google Earnings Offer Wall Street A Pleasant Surprise

11/16/2008 05:12 am ET | Updated May 25, 2011

Initial Analysis: Revenue was in line with estimates, which is a modest upside surprise (Wall Street was expecting a miss). EPS was solidly ahead of estimates, so a strong upside surprise.

Stock popped nicely in aftermarket, but in-line revenue should temper upside.

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