every quarter after quarter analysts always raise the numbers for the next quarter. Well due to Google's Q2
miss of three cents the numbers for Q3 were not
raised. So expect a higher number eps($4.20)for this quarter. In fact for Q4, (Google's strongest quarter)
expect to see($5)eps and perhaps $700+ per share.
Great observation. In fact, Google missed their numbers last quarter because they weren't controlling their costs. Hopefully, they learned their lesson and are cleaning up all the unnecessary spending - which they have a lot of. My friend's son works there and the perks are unbelievable (free meals, free transportation, etc. etc.) Plenty of room to tighten.